BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 9,400 shares, an increase of 62.1% from the April 30th total of 5,800 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 9,400 shares, the short-interest ratio is presently 1.0 days.
BOC Hong Kong Stock Up 2.4%
BOC Hong Kong stock traded up $2.01 during mid-day trading on Wednesday, reaching $86.07. 3,131 shares of the company traded hands, compared to its average volume of 6,985. The firm's 50 day moving average price is $80.99 and its 200 day moving average price is $72.27. BOC Hong Kong has a 52-week low of $55.74 and a 52-week high of $88.18.
BOC Hong Kong Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 16th will be paid a $0.7284 dividend. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 6.09%.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a research report on Tuesday, April 15th.
Get Our Latest Stock Analysis on BOC Hong Kong
BOC Hong Kong Company Profile
(
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BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.
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