Bank of China Ltd. (OTCMKTS:BACHY) Short Interest Update

Key Points

• Bank of China Ltd. experienced a significant decline in short interest, falling by 82.7% in August, with a total of 6,300 shares shorted as of August 31st.
• The stock traded at $14.36 recently, with a market capitalization of $169.04 billion, and reported earnings per share of $0.62 for the last quarter, missing estimates by $0.01.
• Bank of China has a debt-to-equity ratio of 0.01 and a P/E ratio of 5.52, indicating strong financial stability and low relative valuation of its shares.

Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 6,300 shares, a decrease of 82.7% from the August 15th total of 36,400 shares. Based on an average trading volume of 158,900 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 158,900 shares, the short-interest ratio is currently 0.0 days.

Bank of China Stock Up 0.1%

Shares of BACHY stock traded up $0.02 during midday trading on Tuesday, reaching $14.22. 44,261 shares of the stock were exchanged, compared to its average volume of 44,604. Bank of China has a 1 year low of $10.78 and a 1 year high of $15.56. The company's 50 day moving average is $14.38 and its two-hundred day moving average is $14.44. 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 firm has a market cap of $167.45 billion, a PE ratio of 5.47 and a beta of 0.20.

Bank of China (OTCMKTS:BACHY - Get Free Report) last posted its earnings results on Friday, August 29th. The bank reported $0.62 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by ($0.01). Bank of China had a return on equity of 8.08% and a net margin of 19.11%.The firm had revenue of $19.64 billion for the quarter, compared to analysts' expectations of $140.98 billion.

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.