Short Interest in The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Rises By 7,900.0%

The Bank of East Asia Ltd. (OTCMKTS:BKEAY) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,000 shares, an increase of 7,900.0% from the August 31st total of 100 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 3.8 days. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 3.8 days.

Bank of East Asia Price Performance

OTCMKTS BKEAY opened at $1.50 on Thursday. The company has a fifty day moving average of $1.49 and a two-hundred day moving average of $1.44. Bank of East Asia has a 52 week low of $1.13 and a 52 week high of $1.67.

Bank of East Asia Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, October 23rd. Investors of record on Wednesday, September 10th will be issued a dividend of $0.0399 per share. This represents a yield of 474.0%. The ex-dividend date is Tuesday, September 9th.

About Bank of East Asia

The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services.