The Bank of East Asia, Limited (OTCMKTS:BKEAY) Sees Significant Drop in Short Interest

The Bank of East Asia, Limited (OTCMKTS:BKEAY) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 200 shares, a drop of 94.3% from the October 31st total of 3,500 shares. Based on an average daily volume of 3,500 shares, the days-to-cover ratio is presently 0.1 days.

Bank of East Asia Price Performance

Shares of OTCMKTS BKEAY remained flat at $1.22 during trading hours on Thursday. Bank of East Asia has a twelve month low of $1.06 and a twelve month high of $1.36. The business’s 50 day simple moving average is $1.25 and its 200-day simple moving average is $1.25.

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.