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

Key Points

• BOC Hong Kong Ltd. saw a significant increase in short interest of 308.3% in September, reaching 4,900 shares compared to 1,200 shares in August.
• The company recently declared a dividend of $0.723 per share, with a remarkable yield of 509.0%, payable on October 3rd.
• As of the latest trading session, BOC Hong Kong's stock opened at $94.00 and has a 1-year trading range between $61.47 and $105.00.

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - ) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,900 shares, an increase of 308.3% from the August 31st total of 1,200 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 1.4 days.

BOC Hong Kong Stock Performance

BHKLY opened at $94.00 on Thursday. The stock's 50 day simple moving average is $94.51 and its 200 day simple moving average is $87.91. BOC Hong Kong has a 1 year low of $61.47 and a 1 year high of $105.00.

BOC Hong Kong Cuts Dividend

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

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