Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) Sees Large Decline in Short Interest

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decline of 25.0% from the February 13th total of 400 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 0.4 days.

Postal Savings Bank of China Stock Up 3.3 %

Shares of OTCMKTS:PSTVY traded up $0.43 during midday trading on Monday, reaching $13.51. The company had a trading volume of 217 shares, compared to its average volume of 1,467. The stock’s fifty day moving average price is $12.07 and its 200-day moving average price is $11.70. Postal Savings Bank of China has a one year low of $9.69 and a one year high of $14.20.

About Postal Savings Bank of China

Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services.