Savings bank

Short-term interest on the Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) increases by 125.0%

Postal Savings Bank of China Co., Ltd. (OTCMKTS: PSTVY – Get Rating) benefited from significant growth in short-term interest during the month of June. As of June 15, there was short interest totaling 3,600 shares, a growth of 125.0% from the total of 1,600 shares as of May 31. Based on an average daily trading volume of 10,600 shares, the days-to-cover ratio is currently 0.3 days.

Shares of Postal Savings Bank of China opened at $15.02 on Friday. The Postal Savings Bank of China has a 1-year low of $12.50 and a 1-year high of $17.37. The company’s 50-day moving average price is $15.11 and its two-hundred-day moving average price is $15.65.

The company also recently announced a dividend, which will be paid on Wednesday, August 24. Shareholders of record on Friday, July 1 will receive a dividend of $0.6465 per share. The ex-date of this dividend is Thursday, June 30. This represents a return of 4.21%.

China Postal Savings Bank Company Profile (Get a rating)

Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various personal and corporate banking products and services in the People’s Republic of China. Its Personal Banking segment offers savings products, such as demand, time, personal call, optional time/demand and foreign currency deposits; booklets; certificate of deposits; personal, pledged and personal microloans to businesses; debit and credit cards; wealth management products and funds; and insurance agency services.

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