Short Interest in Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Expands By 25.0%

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 500 shares, a growth of 25.0% from the February 13th total of 400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 100 shares, the short-interest ratio is currently 5.0 days.

Bank of Communications Stock Performance

Shares of BCMXY opened at $21.35 on Tuesday. Bank of Communications has a twelve month low of $15.39 and a twelve month high of $23.15. The firm has a market capitalization of $63.42 billion, a P/E ratio of 5.31 and a beta of -0.15. The firm’s 50-day moving average is $20.99 and its two-hundred day moving average is $19.43.

Bank of Communications Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Friday, January 17th were paid a $0.4913 dividend. The ex-dividend date was Friday, January 17th. Bank of Communications’s payout ratio is currently 24.63%.

About Bank of Communications

Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.