The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Sees Large Growth in Short Interest

The Bank of East Asia Ltd. (OTCMKTS:BKEAYGet Free Report) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,096 shares, an increase of 69,766.7% from the July 30th total of 3 shares. Based on an average daily volume of 1,405 shares, the short-interest ratio is currently 1.5 days. Approximately 0.0% of the shares of the company are sold short.

Bank of East Asia Price Performance

Shares of OTCMKTS BKEAY remained flat at $2.19 during mid-day trading on Tuesday. The stock had a trading volume of 104 shares, compared to its average volume of 756. Bank of East Asia has a 12 month low of $1.46 and a 12 month high of $2.35. The stock has a 50 day moving average price of $1.81 and a 200-day moving average price of $1.81.

About Bank of East Asia

(Get Free Report)

Bank of East Asia, Limited is a Hong Kong–based commercial bank established in 1918. As one of the territory’s largest independently owned banks, it provides a comprehensive range of financial services to retail, corporate and institutional clients. The institution operates through a network of branches and digital channels designed to support both individual consumers and businesses of varying sizes.

The bank’s core offerings include personal banking services such as deposit accounts, consumer and mortgage lending, credit cards and wealth management solutions.

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