BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Down 84.6% in July

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 200 shares, a decrease of 84.6% from the July 15th total of 1,300 shares. Based on an average daily volume of 14,900 shares, the short-interest ratio is currently 0.0 days.

BOC Hong Kong Stock Performance

OTCMKTS BHKLY traded down $0.31 on Wednesday, hitting $57.02. 4,599 shares of the company’s stock traded hands, compared to its average volume of 13,655. The firm’s 50-day moving average price is $60.00 and its two-hundred day moving average price is $57.87. BOC Hong Kong has a 1-year low of $46.28 and a 1-year high of $66.82.

BOC Hong Kong Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 22nd. Shareholders of record on Wednesday, July 3rd were issued a $2.904 dividend. This is a positive change from BOC Hong Kong’s previous dividend of $1.32. The ex-dividend date was Tuesday, July 2nd.

About BOC Hong Kong

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.