BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Stock Short Interest Report for September

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 878 shares, an increase of 1,413.8% from the September 15th total of 58 shares. Based on an average trading volume of 3,077 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, China Intl Cap upgraded BOC Hong Kong to a “strong-buy” rating in a research note on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.

BOC Hong Kong Stock Performance

Shares of OTCMKTS:BHKLY traded up $3.04 during mid-day trading on Friday, hitting $126.71. 4,057 shares of the company traded hands, compared to its average volume of 1,923. BOC Hong Kong has a 52-week low of $92.52 and a 52-week high of $140.00. The firm’s 50 day simple moving average is $130.48 and its 200 day simple moving average is $121.78.

About BOC Hong Kong

BOC Hong Kong (Holdings) Limited is a Hong Kong-based financial holding company and the parent of Bank of China (Hong Kong) Limited. The group provides banking and related financial services to individuals, businesses, corporations, and institutional customers.

Its principal activities include personal banking, deposits, residential and commercial lending, credit cards, wealth management, insurance distribution, corporate and investment banking, treasury services, foreign exchange, and securities-related services.