BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Sees Significant Decline in Short Interest

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 12,900 shares, a decline of 9.2% from the December 15th total of 14,200 shares. Based on an average trading volume of 12,900 shares, the days-to-cover ratio is currently 1.0 days.

BOC Hong Kong Trading Down 1.3 %

Shares of BHKLY traded down $0.83 during midday trading on Friday, reaching $62.47. 11,365 shares of the company were exchanged, compared to its average volume of 5,602. BOC Hong Kong has a 1-year low of $46.28 and a 1-year high of $68.94. The stock has a 50-day moving average price of $64.40 and a 200-day moving average price of $62.59.

BOC Hong Kong Company Profile

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.