Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Short Interest Up 25.0% in February

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 500 shares, a growth of 25.0% from the February 13th total of 400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 5.0 days.

Bank of Communications Price Performance

BCMXY stock opened at $21.35 on Monday. The business has a 50-day moving average price of $20.97 and a 200 day moving average price of $19.42. The company has a market capitalization of $63.42 billion, a P/E ratio of 5.31 and a beta of -0.15. Bank of Communications has a 1-year low of $15.39 and a 1-year high of $23.15.

Bank of Communications Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Friday, January 17th were issued a $0.4913 dividend. The ex-dividend date was Friday, January 17th. Bank of Communications’s payout ratio is currently 24.63%.

About Bank of Communications

Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.