Short Interest in The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Drops By 85.7%

The Bank of East Asia Ltd. (OTCMKTS:BKEAY) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 845 shares, a drop of 85.7% from the December 31st total of 5,924 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,087 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 1,087 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are short sold.

Bank of East Asia Trading Down 7.7%

Shares of BKEAY stock opened at $1.70 on Wednesday. The company’s fifty day simple moving average is $1.74 and its two-hundred day simple moving average is $1.63. Bank of East Asia has a 52 week low of $1.13 and a 52 week high of $1.98.

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.