Short Interest in Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) Drops By 80.0%

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 400 shares, a decline of 80.0% from the January 31st total of 2,000 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 0.2 days.

Postal Savings Bank of China Stock Performance

Shares of OTCMKTS:PSTVY traded down $0.13 during mid-day trading on Friday, reaching $12.69. 503 shares of the company were exchanged, compared to its average volume of 1,400. The firm’s 50-day simple moving average is $11.84 and its 200 day simple moving average is $11.53. Postal Savings Bank of China has a 1 year low of $9.69 and a 1 year high of $14.20.

About Postal Savings Bank of China

Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services.