BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 600 shares, a decline of 93.6% from the May 15th total of 9,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is currently 0.1 days.
BOC Hong Kong Stock Performance
OTCMKTS:BHKLY traded down $1.47 on Thursday, hitting $88.73. The stock had a trading volume of 2,924 shares, compared to its average volume of 6,725. The company has a fifty day moving average price of $81.99 and a two-hundred day moving average price of $73.17. BOC Hong Kong has a 1-year low of $55.74 and a 1-year high of $91.09.
BOC Hong Kong Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 16th were given a $0.7284 dividend. This represents a yield of 6.09%. The ex-dividend date of this dividend was Thursday, May 15th.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group lowered shares of BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a research report on Tuesday, April 15th.
Check Out Our Latest Report on BOC Hong Kong
About BOC Hong Kong
(
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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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