Bank of China Ltd. (OTCMKTS:BACHY) Sees Significant Growth in Short Interest

Bank of China Ltd. (OTCMKTS:BACHY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 15,600 shares, an increase of 147.6% from the August 31st total of 6,300 shares. Based on an average trading volume of 135,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 135,500 shares, the days-to-cover ratio is currently 0.1 days.

Bank of China Stock Down 0.4%

Shares of OTCMKTS BACHY opened at $13.54 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.01. The company has a market cap of $159.44 billion, a price-to-earnings ratio of 5.21 and a beta of 0.18. Bank of China has a 12 month low of $11.20 and a 12 month high of $15.56. The stock has a 50-day moving average price of $14.06 and a two-hundred day moving average price of $14.35.

Bank of China (OTCMKTS:BACHY) last released its quarterly earnings data on Friday, August 29th. The bank reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.01). Bank of China had a net margin of 19.11% and a return on equity of 8.08%. The firm had revenue of $19.64 billion during the quarter, compared to analyst estimates of $140.98 billion.

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.