Short Interest in BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Declines By 80.5%

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 1,700 shares, a decrease of 80.5% from the June 15th total of 8,700 shares. Based on an average daily volume of 13,200 shares, the short-interest ratio is presently 0.1 days.

BOC Hong Kong Stock Performance

Shares of OTCMKTS BHKLY traded up $0.75 during mid-day trading on Thursday, reaching $59.30. 8,567 shares of the company traded hands, compared to its average volume of 14,407. The company’s fifty day moving average is $62.72 and its two-hundred day moving average is $56.55. BOC Hong Kong has a fifty-two week low of $46.28 and a fifty-two week high of $66.82.

BOC Hong Kong Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, July 22nd. Stockholders of record on Wednesday, July 3rd will be issued a dividend of $2.904 per share. 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.

BOC Hong Kong Company Profile

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.