Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Short Interest Update

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 500 shares, a growth of 25.0% from the February 13th total of 400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 5.0 days.

Bank of Communications Price Performance

Shares of Bank of Communications stock opened at $21.35 on Tuesday. The firm’s fifty day simple moving average is $20.99 and its 200-day simple moving average is $19.43. Bank of Communications has a 12 month low of $15.39 and a 12 month high of $23.15. The stock has a market capitalization of $63.42 billion, a price-to-earnings ratio of 5.31 and a beta of -0.15.

Bank of Communications Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Friday, January 17th were issued a dividend of $0.4913 per share. The ex-dividend date of this dividend was Friday, January 17th. Bank of Communications’s dividend payout ratio is currently 24.63%.

Bank of Communications Company Profile

Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.