Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 33 shares, a growth of 3,200.0% from the May 14th total of 1 shares. Based on an average trading volume of 2,391 shares, the short-interest ratio is currently 0.0 days.
Postal Savings Bank of China Trading Up 7.0%
PSTVY traded up $0.91 during trading on Tuesday, hitting $13.85. The company had a trading volume of 164 shares, compared to its average volume of 677. Postal Savings Bank of China has a 1-year low of $10.97 and a 1-year high of $14.95. The business has a 50-day moving average of $13.07 and a 200-day moving average of $13.16.
Postal Savings Bank of China Company Profile
Postal Savings Bank of China (OTCMKTS: PSTVY) is a state-owned commercial bank established in 2007 as part of China Post Group’s initiative to modernize and expand public savings services. Headquartered in Beijing, the bank was formed by transforming the Postal Savings Administration into a nationwide banking institution. Since its inception, Postal Savings Bank of China has grown to become one of the country’s largest retail lenders, leveraging China’s extensive postal network to reach urban and rural customers alike.
The bank’s core business activities include offering a full range of deposit products, consumer and business loans, micro-finance services, and agro-related credit for underserved rural regions.
Recommended Stories
- Five stocks we like better than Postal Savings Bank of China
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for Postal Savings Bank of China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Postal Savings Bank of China and related companies with MarketBeat.com's FREE daily email newsletter.
