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 decrease in short interest in the month of February. As of February 27th, there was short interest totaling 3 shares, a decrease of 99.4% from the February 12th total of 478 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 177 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 177 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Bank of East Asia to a “hold” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce”.

Bank of East Asia Price Performance

Bank of East Asia stock remained flat at $1.73 on Tuesday. 63 shares of the company’s stock were exchanged, compared to its average volume of 192. Bank of East Asia has a 52-week low of $1.13 and a 52-week high of $1.99. The company’s fifty day moving average is $1.79 and its two-hundred day moving average is $1.70.

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.