Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, a decline of 50.0% from the March 31st total of 400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 0.7 days.
Bank of Communications Price Performance
Shares of BCMXY remained flat at $20.05 during mid-day trading on Wednesday. The stock had a trading volume of 9 shares, compared to its average volume of 378. The firm has a market capitalization of $59.56 billion, a PE ratio of 4.99 and a beta of -0.14. Bank of Communications has a 1 year low of $15.39 and a 1 year high of $23.70. The company has a 50-day moving average price of $21.47 and a 200 day moving average price of $20.32.
Bank of Communications Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, May 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.5408 per share. This is a boost from Bank of Communications's previous dividend of $0.49. This represents a yield of 10.09%. The ex-dividend date of this dividend is Monday, April 14th. Bank of Communications's dividend payout ratio (DPR) is currently 26.73%.
Bank of Communications Company Profile
(
Get Free Report)
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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