Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY – Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 200 shares, a drop of 60.0% from the March 15th total of 500 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is currently 0.1 days.
Postal Savings Bank of China Trading Up 5.3 %
PSTVY traded up $0.68 during trading on Wednesday, hitting $13.60. The company had a trading volume of 455 shares, compared to its average volume of 1,952. The firm’s 50-day moving average price is $12.72 and its 200 day moving average price is $12.06. Postal Savings Bank of China has a one year low of $9.92 and a one year high of $14.20.
Postal Savings Bank of China Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be paid a $0.2194 dividend. This represents a dividend yield of 8.57%. The ex-dividend date is Wednesday, April 23rd.
Postal Savings Bank of China Company Profile
Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services.
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