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

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

Bank of East Asia Trading Down 7.7%

BKEAY stock traded down $0.14 during trading on Tuesday, hitting $1.70. 282 shares of the company traded hands, compared to its average volume of 3,298. The company has a 50-day moving average of $1.74 and a 200-day moving average of $1.63. Bank of East Asia has a 1 year low of $1.13 and a 1 year high of $1.98.

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.