BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Sees Significant Drop in Short Interest

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 3,566 shares, a decrease of 60.2% from the February 12th total of 8,963 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 8,409 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 8,409 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

BOC Hong Kong Price Performance

Shares of OTCMKTS BHKLY opened at $108.32 on Wednesday. The firm’s 50-day moving average price is $106.34 and its two-hundred day moving average price is $100.32. BOC Hong Kong has a 52-week low of $71.47 and a 52-week high of $115.04.

BOC Hong Kong Company Profile

BOC Hong Kong (OTCMKTS: BHKLY) is a Hong Kong-based banking group that operates as the Hong Kong subsidiary of Bank of China. The group is a licensed bank and one of the territory’s note-issuing banks, participating in the issuance of Hong Kong dollar banknotes. It provides a broad range of banking and financial services to retail, corporate and institutional clients, positioning itself as a major participant in Hong Kong’s financial services sector.

BOC Hong Kong’s businesses include retail banking services such as deposit accounts, mortgages, personal loans and credit cards, together with wealth management and private banking solutions.