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Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Sees Large Growth in Short Interest

Bank of Communications logo with Finance background

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 200 shares, an increase of 100.0% from the April 30th total of 100 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2.0 days.

Bank of Communications Trading Down 9.9%

Shares of BCMXY traded down $2.22 during midday trading on Tuesday, hitting $20.15. 103 shares of the company's stock traded hands, compared to its average volume of 374. The stock has a market capitalization of $59.86 billion, a price-to-earnings ratio of 5.01 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 firm's fifty day moving average is $20.70 and its 200-day moving average is $20.44.

Bank of Communications Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, April 15th were issued a $0.5408 dividend. This represents a yield of 10.09%. The ex-dividend date was Monday, April 14th. This is an increase from Bank of Communications's previous dividend of $0.49. Bank of Communications's dividend payout ratio (DPR) is currently 27.11%.

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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