Short Interest in Bank of Communications Co., Ltd. (OTCMKTS:BKFCF) Drops By 74.6%

Bank of Communications Co., Ltd. (OTCMKTS:BKFCFGet Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 1,381,543 shares, a drop of 74.6% from the August 15th total of 5,442,543 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Bank of Communications Price Performance

Bank of Communications stock opened at $0.97 on Friday. The company has a fifty day simple moving average of $0.94 and a 200-day simple moving average of $0.91. Bank of Communications has a 12-month low of $0.92 and a 12-month high of $0.97.

About Bank of Communications

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Bank of Communications Co, Ltd. is a leading commercial bank headquartered in Shanghai, China. Founded in 1908, the company combines over a century of banking experience with modern financial technologies to serve corporate, institutional and retail customers across diverse industries.

The bank’s core business activities encompass corporate banking, retail banking, treasury operations and wealth management. Corporate clients benefit from services such as cash management, trade finance, corporate loans and capital markets advisory.

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