BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Short Interest Update

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 5,633 shares, a growth of 221.7% from the May 31st total of 1,751 shares. Based on an average daily trading volume, of 7,021 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are sold short.

BOC Hong Kong Stock Performance

BHKLY opened at $116.32 on Monday. The stock has a 50-day moving average of $118.46 and a 200 day moving average of $110.24. BOC Hong Kong has a 12 month low of $86.12 and a 12 month high of $128.00.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of BOC Hong Kong from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, BOC Hong Kong has a consensus rating of “Buy”.

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.