The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Short Interest Up 108,566.7% in April

The Bank of East Asia Ltd. (OTCMKTS:BKEAY) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,260 shares, a growth of 108,566.7% from the April 15th total of 3 shares. Based on an average daily volume of 2,280 shares, the short-interest ratio is presently 1.4 days. Currently, 0.0% of the company’s stock are short sold.

Bank of East Asia Stock Performance

Shares of OTCMKTS:BKEAY remained flat at $1.74 during midday trading on Monday. 197 shares of the company traded hands, compared to its average volume of 643. Bank of East Asia has a twelve month low of $1.31 and a twelve month high of $1.99. The business has a 50 day moving average of $1.80 and a 200-day moving average of $1.78.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Bank of East Asia to a “hold” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Bank of East Asia currently has an average rating of “Hold”.

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.