From MarketBeat:

Bank of China Limited experienced a significant increase in short interest in December, with 152,300 shares shorted, up 126.3% from December 15th. The stock traded up to $9.31 on Friday with a market cap of $109.63 billion and a P/E ratio of 3.58. JPMorgan Chase & Co. upgraded shares of Bank of China from “neutral” to “overweight.” Bank of China provides a variety of banking and financial services worldwide. The company has an extensive range of banking and financial products and services. This story was generated by narrative science technology and financial data from MarketBeat and was reviewed by MarketBeat’s editorial team prior to publication. MarketBeat’s top-rated analysts recommend buying five stocks, none of which is Bank of China. To see the stocks recommended by top analysts, click the link. Lastly, institutional investors are buying up thirteen stocks – to see which ones, follow the link below.



Read more: Short Interest in Bank of China Limited (OTCMKTS:BACHY) Grows By 126.3%