BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Sees Significant Growth in Short Interest

Key Points

• BOC Hong Kong Ltd. saw a significant increase in short interest, jumping 500% from 200 shares to 1,200 shares as of August 31st.
• The company's shares traded at $104.10 recently, with a 52-week range from a low of $57.87 to a high of $105.00.
• BOC Hong Kong has announced a dividend of $0.723, with a yield of 509.0%, to be paid on October 3rd.

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,200 shares, an increase of 500.0% from the August 15th total of 200 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company's shares are sold short.

BOC Hong Kong Trading Down 1.0%

Shares of OTCMKTS:BHKLY traded down $1.03 during trading on Tuesday, reaching $97.90. 2,045 shares of the company were exchanged, compared to its average volume of 6,440. The business's fifty day simple moving average is $94.10 and its 200-day simple moving average is $86.46. BOC Hong Kong has a 12-month low of $60.23 and a 12-month high of $105.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.70 and a current ratio of 0.70.

BOC Hong Kong Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 3rd. Investors of record on Monday, September 15th will be issued a dividend of $0.723 per share. This represents a yield of 509.0%. The ex-dividend date of this dividend is Friday, September 12th.

About BOC Hong Kong

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.