The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Short Interest Down 80.0% in August

Key Points

• The Bank of East Asia Ltd. experienced a significant drop in short interest of 80.0% in August, reducing the total short interest from 500 shares to 100 shares.
• The current short-interest ratio for the Bank of East Asia is 0.1 days based on an average daily volume of 1,200 shares.
• As of now, Bank of East Asia's stock is trading at $1.50, with its 52-week range between $1.06 and $1.63.

The Bank of East Asia Ltd. (OTCMKTS:BKEAY - Get Free Report) saw a large decrease in short interest in August. As of August 15th, there was short interest totaling 100 shares, adecreaseof80.0% from the July 31st total of 500 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.1 days.

Bank of East Asia Stock Performance

Shares of BKEAY remained flat at $1.63 during trading hours on Friday. The stock had a trading volume of 60 shares, compared to its average volume of 758. Bank of East Asia has a 12 month low of $1.06 and a 12 month high of $1.67. The business's fifty day simple moving average is $1.50 and its two-hundred day simple moving average is $1.43.

Bank of East Asia Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, October 23rd. Investors of record on Wednesday, September 10th will be paid a $0.0399 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a yield of 474.0%.

Bank of East Asia Company Profile

The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services.