Short Interest in Bank of China Limited (OTCMKTS:BACHY) Rises By 60.4%

Bank of China Limited (OTCMKTS:BACHY) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 69,600 shares, an increase of 60.4% from the November 15th total of 43,400 shares. Based on an average daily trading volume, of 75,400 shares, the days-to-cover ratio is currently 0.9 days.

Bank of China Stock Performance

Bank of China stock traded down $0.13 during mid-day trading on Friday, hitting $12.18. The company had a trading volume of 24,360 shares, compared to its average volume of 44,399. The company has a market capitalization of $143.43 billion, a price-to-earnings ratio of 4.78 and a beta of 0.20. Bank of China has a 12-month low of $8.84 and a 12-month high of $13.02. The company’s fifty day moving average is $11.93 and its 200-day moving average is $11.61. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01.

About Bank of China

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.