Short Interest in Bank of China Limited (OTCMKTS:BACHY) Increases By 60.4%

Bank of China Limited (OTCMKTS:BACHY) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 69,600 shares, a growth of 60.4% from the November 15th total of 43,400 shares. Based on an average daily trading volume, of 75,400 shares, the short-interest ratio is presently 0.9 days.

Bank of China Price Performance

Shares of OTCMKTS:BACHY traded down $0.13 during midday trading on Friday, hitting $12.18. The company’s stock had a trading volume of 24,360 shares, compared to its average volume of 44,399. The company has a market cap of $143.43 billion, a P/E ratio of 4.78 and a beta of 0.20. Bank of China has a 12-month low of $8.84 and a 12-month high of $13.02. The business’s 50 day simple moving average is $11.93 and its 200 day simple moving average is $11.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87.

About Bank of China

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.