Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Short Interest Up 50.0% in July

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 300 shares, a growth of 50.0% from the June 30th total of 200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 0.6 days.

Bank of Communications Stock Performance

OTCMKTS:BCMXY remained flat at $17.83 on Friday. The company’s stock had a trading volume of 3 shares, compared to its average volume of 139. Bank of Communications has a 12 month low of $13.86 and a 12 month high of $20.31. The firm has a market capitalization of $52.96 billion, a price-to-earnings ratio of 4.36 and a beta of 0.05. The company has a 50-day moving average of $18.44 and a 200 day moving average of $16.81.

Bank of Communications (OTCMKTS:BCMXY) last posted its earnings results on Friday, April 26th. The bank reported $1.19 EPS for the quarter. The business had revenue of $9.39 billion during the quarter.

Bank of Communications Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 3rd will be issued a $1.0945 dividend. The ex-dividend date of this dividend is Wednesday, July 3rd.

Bank of Communications Company Profile

Bank of Communications Co, Ltd. provides commercial banking products and services. It offers personal deposit products including savings, and personal certificate and structured deposits; personal loan, consumption, housing, mortgage loan, commercial housing, and business loans; and debit and credit card services.