Bank of Communications Co. (OTCMKTS:BCMXY) Short Interest Update

Bank of Communications Co. (OTCMKTS:BCMXY) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 200 shares, an increase of 100.0% from the September 15th total of 100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Bank of Communications Stock Performance

Shares of BCMXY stock opened at $21.25 on Monday. The firm has a market cap of $63.12 billion, a price-to-earnings ratio of 5.16 and a beta of -0.16. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.89 and a current ratio of 0.89. Bank of Communications has a 52 week low of $17.91 and a 52 week high of $23.95. The firm’s 50-day simple moving average is $21.70 and its two-hundred day simple moving average is $21.34.

Bank of Communications (OTCMKTS:BCMXY) last announced its quarterly earnings data on Friday, August 29th. The bank reported $0.86 EPS for the quarter, topping the consensus estimate of $0.77 by $0.09. The business had revenue of $8.32 billion for the quarter, compared to analyst estimates of $62.52 billion. Bank of Communications had a net margin of 17.84% and a return on equity of 8.15%.

Bank of Communications Company Profile

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.