() experienced a significant increase in short interest during the month of April. On April 30, there were 68,600 short shares. This is an increase of 68.1% compared to the total of 40 800 shares on April 15. The short-interest rate is currently 1.2 days based on an average trading volume 59,400 share.
Bank of China Price Performance
The stock fell $0.23 at midday on Friday to $10.14. Stocks of the company traded 31,814 shares compared to their average of 55,942. The company has a market cap of $119.40 Billion, a PE of 3.86, and a beta value of 0.27. The stock's fifty-day moving average is $9.76, and its two hundred day moving range is $9.24. The last time the company released its quarterly results was on Thursday 30th March. The bank reported a $0.60 profit per share. Bank of China reported a return of equity of 9.32%, and a margin of net of 21.54%. Revenue for the quarter was $21.27 billion.
Bank of China
Bank of China Limited and its subsidiaries provide a variety of banking and financial services. It is divided into six segments, including Corporate Banking, Personal Banking and Treasury Operations. Insurance, Investment Banking and Other Operations are also included. Corporate Banking offers corporate customers, government agencies, and financial institutions current accounts, overdrafts and loans, trade related products, other credit facilities, currency and derivatives and wealth management products.
MarketBeat.com offers a FREE daily email newsletter