Bank of China Ltd. (OTCMKTS:BACHY) Short Interest Down 94.3% in December

Bank of China Ltd. (OTCMKTS:BACHY) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 2,107 shares, a decrease of 94.3% from the November 30th total of 37,233 shares. Based on an average daily trading volume, of 84,651 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 84,651 shares, the days-to-cover ratio is presently 0.0 days.

Bank of China Price Performance

Shares of OTCMKTS:BACHY opened at $14.20 on Friday. Bank of China has a 1-year low of $12.04 and a 1-year high of $15.56. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $14.50 and its two-hundred day simple moving average is $14.34. The stock has a market cap of $167.24 billion, a PE ratio of 5.53 and a beta of 0.11.

Bank of China Company Profile

Bank of China (OTCMKTS: BACHY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services to corporate, institutional and retail clients. Founded in 1912, the bank has grown into one of China’s largest and longest-established banking institutions and is commonly grouped with the nation’s “Big Four” banks. Its core activities include deposit-taking, corporate and retail lending, trade finance, foreign exchange and treasury services, as well as cash management and payment services for domestic and cross-border clients.

In addition to traditional commercial banking, Bank of China offers investment banking and capital markets services, structured finance, asset management and wealth management solutions.