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

Bank of Communications Co. (OTCMKTS:BCMXY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 167 shares, a growth of 187.9% from the December 15th total of 58 shares. Based on an average daily volume of 86 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 86 shares, the days-to-cover ratio is presently 1.9 days.

Bank of Communications Price Performance

BCMXY opened at $21.15 on Thursday. The firm has a market capitalization of $62.83 billion, a P/E ratio of 5.47 and a beta of -0.16. Bank of Communications has a one year low of $19.70 and a one year high of $25.00. The company has a fifty day moving average price of $23.75 and a 200-day moving average price of $22.54.

Bank of Communications (OTCMKTS:BCMXY) last posted its quarterly earnings data on Thursday, October 30th. The bank reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.18). Bank of Communications had a return on equity of 7.70% and a net margin of 18.19%.The company had revenue of $9.38 billion during the quarter, compared to the consensus estimate of $9.11 billion.

Bank of Communications Company Profile

Bank of Communications Co, Ltd. (OTCMKTS: BCMXY) is a major Chinese commercial bank that provides a broad range of banking and financial services to individual, corporate and institutional clients. Founded in the early 20th century, the bank has grown into one of China’s large, systemically important banks and plays a significant role in supporting domestic economic activity, trade and finance. It combines traditional commercial banking functions with modern financial services across multiple customer segments.

The company’s core businesses include retail banking, corporate and investment banking, treasury and financial markets operations, and wealth and asset management.