Bank of China Limited (OTCMKTS:BACHY) Short Interest Down 38.6% in October

Bank of China Limited (OTCMKTS:BACHY) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 14,000 shares, a decline of 38.6% from the October 15th total of 22,800 shares. Based on an average daily volume of 61,100 shares, the days-to-cover ratio is currently 0.2 days.

Bank of China Stock Down 1.5 %

OTCMKTS:BACHY opened at $11.57 on Wednesday. The firm has a market capitalization of $136.24 billion, a P/E ratio of 4.54 and a beta of 0.20. Bank of China has a 1-year low of $8.69 and a 1-year high of $13.02. The company’s fifty day moving average price is $11.72 and its 200-day moving average price is $11.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.87 and a quick ratio of 0.87.

Bank of China (OTCMKTS:BACHY) last issued its earnings results on Thursday, August 29th. The bank reported $0.62 EPS for the quarter. Bank of China had a net margin of 17.35% and a return on equity of 7.81%. The company had revenue of $21.67 billion for the quarter.

Bank of China Company Profile

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.