BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Short Interest Update

Key Points

• BOC Hong Kong Ltd. saw an 80.0% decrease in short interest in July, with the total dropping to 300 shares from 1,500 on July 15th, resulting in a days-to-cover ratio of 0.0 days.
• The company's stock is currently down 3.8%, with an opening price of $92.44 and a 12-month price range between $57.87 and $97.28.
• BOC Hong Kong recently declared a new dividend of $3.6389, significantly up from the previous $0.73, indicating a dividend yield of 643.0%.

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - ) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 300 shares, adecreaseof80.0% from the July 15th total of 1,500 shares. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is presently 0.0 days.

BOC Hong Kong Stock Down 3.8%

Shares of BHKLY stock opened at $92.44 on Friday. The firm has a 50-day moving average price of $91.59 and a 200 day moving average price of $81.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.70 and a quick ratio of 0.70. BOC Hong Kong has a 12-month low of $57.87 and a 12-month high of $97.28.

BOC Hong Kong Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 24th. Investors of record on Thursday, July 3rd were issued a $3.6389 dividend. This is a positive change from BOC Hong Kong's previous dividend of $0.73. This represents a dividend yield of 643.0%. The ex-dividend date of this dividend was Wednesday, July 2nd.

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.

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