Bank of Communications Co. (OTCMKTS:BCMXY) Short Interest Update

Bank of Communications Co. (OTCMKTS:BCMXY - Get Free Report) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 100 shares, a drop of 50.0% from the May 15th total of 200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the stock are sold short.

Bank of Communications Stock Performance

Shares of BCMXY remained flat at $20.15 during mid-day trading on Wednesday. The company has a market cap of $59.86 billion, a PE ratio of 5.01 and a beta of -0.14. The stock's 50-day simple moving average is $20.40 and its 200 day simple moving average is $20.57. Bank of Communications has a 12 month low of $15.39 and a 12 month high of $23.70.

Bank of Communications Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.5408 per share. This represents a dividend yield of 10.09%. The ex-dividend date was Monday, April 14th. This is a boost from Bank of Communications's previous dividend of $0.49. Bank of Communications's payout ratio is presently 27.36%.

Bank of Communications Company Profile

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.