The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Short Interest Update

The Bank of East Asia Ltd. (OTCMKTS:BKEAY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 5,924 shares, a growth of 1,258.7% from the December 15th total of 436 shares. Based on an average daily trading volume, of 5,870 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,870 shares, the days-to-cover ratio is presently 1.0 days.

Bank of East Asia Stock Performance

BKEAY opened at $1.71 on Wednesday. Bank of East Asia has a twelve month low of $1.13 and a twelve month high of $1.98. The firm’s 50-day moving average price is $1.76 and its 200 day moving average price is $1.62.

About Bank of East Asia

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.