BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Sees Significant Increase in Short Interest

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 6,600 shares, an increase of 61.0% from the August 15th total of 4,100 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 0.9 days.

BOC Hong Kong Trading Up 1.1 %

Shares of OTCMKTS BHKLY traded up $0.65 during mid-day trading on Friday, hitting $60.90. The company had a trading volume of 6,031 shares, compared to its average volume of 12,654. The firm’s 50 day simple moving average is $59.22 and its two-hundred day simple moving average is $59.56. BOC Hong Kong has a 12 month low of $46.28 and a 12 month high of $66.82.

BOC Hong Kong Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 4th. Stockholders of record on Monday, September 16th will be given a dividend of $1.4421 per share. The ex-dividend date is Monday, September 16th.

About BOC Hong Kong

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.