Short Interest in The Bank of East Asia, Limited (OTCMKTS:BKEAY) Rises By 26.5%

The Bank of East Asia, Limited (OTCMKTS:BKEAY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 28,200 shares, a growth of 26.5% from the March 31st total of 22,300 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 9.7 days.

Bank of East Asia Stock Performance

OTCMKTS:BKEAY remained flat at $1.20 during midday trading on Friday. 4,619 shares of the company were exchanged, compared to its average volume of 10,614. Bank of East Asia has a 12 month low of $1.09 and a 12 month high of $1.52. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $1.20 and a 200-day moving average price of $1.19.

Bank of East Asia Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, March 7th were issued a $0.0203 dividend. The ex-dividend date of this dividend was Wednesday, March 6th.

About Bank of East Asia

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.