Bank of Communications Co. (OTCMKTS:BCMXY) Short Interest Update

Bank of Communications Co. (OTCMKTS:BCMXY) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 824 shares, a growth of 57.3% from the July 30th total of 524 shares. Based on an average daily trading volume, of 184 shares, the short-interest ratio is presently 4.5 days. Approximately 0.0% of the company’s stock are sold short.

Bank of Communications Stock Performance

Shares of OTCMKTS:BCMXY opened at $24.25 on Thursday. The company’s 50-day moving average price is $22.35 and its two-hundred day moving average price is $22.02. Bank of Communications has a one year low of $19.89 and a one year high of $26.05. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $72.04 billion, a PE ratio of 6.63 and a beta of -0.03.

About Bank of Communications

Bank of Communications Co, Ltd. (OTCMKTS: BCMXY) is a major Chinese commercial bank that provides a broad range of banking and financial services to individual, corporate and institutional clients. Founded in the early 20th century, the bank has grown into one of China’s large, systemically important banks and plays a significant role in supporting domestic economic activity, trade and finance. It combines traditional commercial banking functions with modern financial services across multiple customer segments.

The company’s core businesses include retail banking, corporate and investment banking, treasury and financial markets operations, and wealth and asset management.