BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Short Interest Down 98.0% in September

Key Points

• BOC Hong Kong Ltd. saw a dramatic 98.0% decrease in short interest in September, with only 100 shares shorted as of September 30th.
• The company's stock price increased by 2.3% during mid-day trading, reaching $95.31, supported by an exchange of 4,616 shares.
• Recently, BOC Hong Kong declared a dividend of $0.723 per share, resulting in an impressive yield of 509.0% for investors of record as of September 15th.

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - ) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 100 shares, a decline of 98.0% from the September 15th total of 4,900 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 5,800 shares, the short-interest ratio is presently 0.0 days.

BOC Hong Kong Stock Up 2.3%

Shares of BHKLY traded up $2.11 during mid-day trading on Thursday, hitting $95.31. 4,616 shares of the stock were exchanged, compared to its average volume of 2,640. BOC Hong Kong has a 52-week low of $61.47 and a 52-week high of $105.00. The firm has a 50-day moving average of $94.92 and a two-hundred day moving average of $89.07.

BOC Hong Kong Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 3rd. Investors of record on Monday, September 15th were issued a dividend of $0.723 per share. This represents a yield of 509.0%. The ex-dividend date was Friday, September 12th.

BOC Hong Kong Company Profile

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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