BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 600 shares, a drop of 93.6% from the May 15th total of 9,400 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 8,900 shares, the short-interest ratio is presently 0.1 days.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a report on Tuesday, April 15th.
Check Out Our Latest Stock Report on BOC Hong Kong
BOC Hong Kong Price Performance
OTCMKTS BHKLY traded down $0.05 during trading on Friday, hitting $88.67. 2,615 shares of the company traded hands, compared to its average volume of 6,689. BOC Hong Kong has a 12 month low of $55.74 and a 12 month high of $91.09. The business has a fifty day simple moving average of $82.61 and a 200 day simple moving average of $73.53.
BOC Hong Kong Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 16th were issued a dividend of $0.7284 per share. The ex-dividend date was Thursday, May 15th. This represents a yield of 6.09%.
About BOC Hong Kong
(
Get Free Report)
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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