BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Up 11.5% in June

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 8,700 shares, an increase of 11.5% from the May 31st total of 7,800 shares. Based on an average daily trading volume, of 9,200 shares, the short-interest ratio is currently 0.9 days.

BOC Hong Kong Price Performance

Shares of BOC Hong Kong stock opened at $61.97 on Tuesday. The business has a 50-day simple moving average of $62.96 and a 200-day simple moving average of $56.16. BOC Hong Kong has a one year low of $46.28 and a one year high of $66.82.

BOC Hong Kong Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, July 22nd. Stockholders of record on Wednesday, July 3rd will be issued a $2.904 dividend. This is a positive change from BOC Hong Kong’s previous dividend of $1.32. The ex-dividend date of this dividend is 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.