Bank of China Ltd. (OTCMKTS:BACHY) Short Interest Up 189.6% in July

Key Points

• Bank of China Ltd. experienced a significant surge in short interest, increasing by 189.6% from June to July, totaling 72,700 shares by mid-July.
• The stock is trading at $14.30 with a market capitalization of $168.39 billion and a price-to-earnings ratio of 5.50.
• The company's current ratio and quick ratio both stand at 0.84, indicating potential liquidity concerns.

Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 72,700 shares, agrowthof189.6% from the June 30th total of 25,100 shares. Based on an average daily trading volume, of 93,900 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 93,900 shares, the short-interest ratio is presently 0.8 days.

Bank of China Price Performance

Shares of OTCMKTS:BACHY traded up $0.07 during midday trading on Thursday, hitting $14.46. 27,111 shares of the stock were exchanged, compared to its average volume of 40,732. 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 stock has a market cap of $170.27 billion, a P/E ratio of 5.56 and a beta of 0.18. The company has a 50 day moving average price of $14.69 and a 200-day moving average price of $14.27. Bank of China has a twelve month low of $10.42 and a twelve month high of $15.56.

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.