BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Stock Short Interest Report for October

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 315 shares, a decrease of 64.1% from the September 30th total of 878 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,503 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, China Intl Cap upgraded shares of BOC Hong Kong to a “strong-buy” rating in a research note on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy”.

BOC Hong Kong Trading Up 3.0%

BOC Hong Kong stock opened at $125.45 on Thursday. The firm has a 50 day simple moving average of $129.80 and a 200 day simple moving average of $118.48. BOC Hong Kong has a 1-year low of $94.64 and a 1-year high of $140.00.

BOC Hong Kong Company Profile

BOC Hong Kong (Holdings) Limited is the holding company of Bank of China (Hong Kong) Limited, a major commercial banking group based in Hong Kong. Through its principal subsidiary, the group provides personal and business banking services, including deposits, lending, mortgages, credit cards, wealth management, insurance distribution and payment services.

The group also serves corporate and institutional customers through trade finance, cash management, syndicated lending, investment banking, foreign exchange, treasury and securities-related services.