BOC Hong Kong Ltd. (OTCMKTS:BHKLY – Get Free Report) was the target of a significant growth in short interest during the month of 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 volume of 7,021 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are sold short.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised BOC Hong Kong from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, BOC Hong Kong currently has a consensus rating of “Buy”.
View Our Latest Report on BHKLY
BOC Hong Kong Price Performance
About BOC Hong Kong
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.
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