The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Short Interest Update

The Bank of East Asia Ltd. (OTCMKTS:BKEAY) was the recipient of a significant growth in short interest during the month of 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 trading volume, of 568 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 568 shares, the days-to-cover ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Bank of East Asia Price Performance

BKEAY remained flat at $1.99 during trading hours on Wednesday. 2 shares of the company traded hands, compared to its average volume of 195. Bank of East Asia has a 1 year low of $1.13 and a 1 year high of $1.99. The stock’s 50-day moving average price is $1.79 and its 200 day moving average price is $1.68.

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.