The Bank of East Asia Ltd. (OTCMKTS:BKEAY – Get Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 2,096 shares, a growth of 69,766.7% from the July 30th total of 3 shares. Based on an average daily trading volume, of 1,405 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.0% of the company’s stock are sold short.
Bank of East Asia Stock Performance
OTCMKTS:BKEAY remained flat at $2.19 during trading hours on Tuesday. The company’s stock had a trading volume of 104 shares, compared to its average volume of 756. The business’s 50 day simple moving average is $1.81 and its 200-day simple moving average is $1.81. Bank of East Asia has a fifty-two week low of $1.46 and a fifty-two week high of $2.35.
About Bank of East Asia
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.
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