The Bank of East Asia, Limited (OTCMKTS:BKEAY) Short Interest Update

The Bank of East Asia, Limited (OTCMKTS:BKEAY) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 66.7% from the January 31st total of 300 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is presently 0.0 days.

Bank of East Asia Price Performance

Shares of BKEAY stock traded up $0.03 during mid-day trading on Friday, hitting $1.42. The stock had a trading volume of 3,476 shares, compared to its average volume of 2,421. Bank of East Asia has a 12-month low of $1.06 and a 12-month high of $1.44. The firm’s 50-day moving average is $1.26 and its two-hundred day moving average is $1.24.

Bank of East Asia Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, April 21st. Shareholders of record on Thursday, March 6th will be issued a $0.0391 dividend. This is a positive change from Bank of East Asia’s previous dividend of $0.03. The ex-dividend date of this dividend is Thursday, March 6th.

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.