Bank of China Limited (OTCMKTS:BACHY) Short Interest Up 909.1% in September

Bank of China Limited (OTCMKTS:BACHY) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 11,100 shares, an increase of 909.1% from the August 31st total of 1,100 shares. Based on an average trading volume of 45,300 shares, the days-to-cover ratio is presently 0.2 days.

Bank of China Price Performance

OTCMKTS BACHY opened at $12.54 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $147.66 billion, a P/E ratio of 4.47 and a beta of 0.21. The company has a 50-day moving average price of $11.03 and a 200-day moving average price of $11.21. Bank of China has a 52 week low of $8.40 and a 52 week high of $13.02.

Bank of China (OTCMKTS:BACHY) last released its quarterly earnings results on Thursday, August 29th. The bank reported $0.62 earnings per share for the quarter. The business had revenue of $21.67 billion for the quarter. Bank of China had a net margin of 17.38% and a return on equity of 7.78%.

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.