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

The Bank of East Asia Ltd. (OTCMKTS:BKEAY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 67,900 shares, an increase of 728.0% from the September 30th total of 8,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 27,500 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily trading volume, of 27,500 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.0% of the company’s stock are sold short.

Bank of East Asia Trading Up 8.5%

Bank of East Asia stock opened at $1.70 on Tuesday. The firm’s 50 day moving average price is $1.54 and its two-hundred day moving average price is $1.47. Bank of East Asia has a twelve month low of $1.13 and a twelve month high of $1.70.

Bank of East Asia Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, October 23rd. Stockholders of record on Wednesday, September 10th were paid a dividend of $0.0399 per share. The ex-dividend date of this dividend was Tuesday, September 9th. This represents a dividend 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.