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 February. As of February 13th, there was short interest totaling 478 shares, a growth of 15,833.3% from the January 29th total of 3 shares. Based on an average daily volume of 568 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 568 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Bank of East Asia to a “hold” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Bank of East Asia Price Performance

BKEAY opened at $1.99 on Thursday. The company has a fifty day moving average of $1.80 and a 200 day moving average of $1.68. Bank of East Asia has a fifty-two week low of $1.13 and a fifty-two week high of $1.99.

Bank of East Asia Company Profile

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.