Short Interest in Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Grows By 100.0%

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 200 shares, a growth of 100.0% from the May 31st total of 100 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 0.7 days.

Bank of Communications Trading Up 10.0 %

Shares of BCMXY stock traded up $1.84 during trading hours on Friday, hitting $20.31. The company’s stock had a trading volume of 110 shares, compared to its average volume of 93. The business has a fifty day moving average of $17.98 and a 200-day moving average of $16.36. The stock has a market cap of $60.33 billion, a price-to-earnings ratio of 4.52 and a beta of 0.08. Bank of Communications has a twelve month low of $13.81 and a twelve month high of $20.31.

Bank of Communications (OTCMKTS:BCMXY) last posted its quarterly earnings results on Friday, April 26th. The bank reported $1.19 earnings per share for the quarter. Bank of Communications had a net margin of 17.24% and a return on equity of 8.84%. The company had revenue of $9.39 billion for the quarter.

Bank of Communications Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 3rd will be paid a $1.0945 dividend. The ex-dividend date is Wednesday, July 3rd.

About Bank of Communications

Bank of Communications Co, Ltd. provides commercial banking products and services. It offers personal deposit products including savings, and personal certificate and structured deposits; personal loan, consumption, housing, mortgage loan, commercial housing, and business loans; and debit and credit card services.