BOC Hong Kong Ltd. (OTCMKTS:BHKLY) Sees Large Increase in Short Interest

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 13,320 shares, an increase of 13.6% from the March 31st total of 11,729 shares. Based on an average trading volume of 7,388 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.0% of the company's shares are short sold.Get BOC Hong Kong alerts:Analyst Ratings ChangesSeparately, The Goldman Sachs Group raised shares of BOC Hong Kong from a "neutral" rating to a "buy" rating in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy".View Our Latest Research Report on BHKLYBOC Hong Kong Price PerformanceShares of BHKLY opened at $114.85 on Friday. BOC Hong Kong has a twelve month low of $80.59 and a twelve month high of $117.31. The company's fifty day simple moving average is $109.94 and its 200-day simple moving average is $104.00. BOC Hong Kong Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than BOC Hong KongThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in BOC Hong Kong Right Now?Before you consider BOC Hong Kong, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BOC Hong Kong wasn't on the list.While BOC Hong Kong currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here