The Bank of East Asia Ltd. (OTCMKTS:BKEAY – Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 5,924 shares, an increase of 1,258.7% from the December 15th total of 436 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,870 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 5,870 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the company’s stock are sold short.
Bank of East Asia Stock Performance
Shares of Bank of East Asia stock traded up $0.02 on Monday, reaching $1.71. 5,100 shares of the company were exchanged, compared to its average volume of 2,667. Bank of East Asia has a 1-year low of $1.13 and a 1-year high of $1.98. The stock’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.
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