Bank of Communications Co., Ltd. (OTCMKTS:BCMXY – Get Free Report) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,000 shares, an increase of 42.9% from the December 15th total of 700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 5.0 days.
Bank of Communications Price Performance
Bank of Communications stock remained flat at $20.00 during trading hours on Thursday. The company’s stock had a trading volume of 95 shares, compared to its average volume of 104. Bank of Communications has a twelve month low of $15.39 and a twelve month high of $20.31. The firm has a market capitalization of $59.41 billion, a PE ratio of 4.98 and a beta of -0.05. The firm’s 50-day moving average price is $19.35 and its 200 day moving average price is $18.61.
Bank of Communications Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 17th will be issued a $0.4913 dividend. The ex-dividend date of this dividend is Friday, January 17th. Bank of Communications’s dividend payout ratio (DPR) is presently 27.61%.
About Bank of Communications
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.
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