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

The Bank of East Asia, Limited (OTCMKTS:BKEAY - Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 3,900 shares, a drop of 66.4% from the September 30th total of 11,600 shares. Based on an average daily volume of 9,500 shares, the short-interest ratio is presently 0.4 days.

Bank of East Asia Stock Up 0.5 %

OTCMKTS:BKEAY traded up $0.01 during mid-day trading on Friday, reaching $1.29. The stock had a trading volume of 114 shares, compared to its average volume of 2,828. Bank of East Asia has a 1-year low of $1.06 and a 1-year high of $1.36. The stock's 50 day simple moving average is $1.24 and its two-hundred day simple moving average is $1.25.

Bank of East Asia Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, September 5th were paid a $0.035 dividend. This is an increase from Bank of East Asia's previous dividend of $0.02. The ex-dividend date of this dividend was Thursday, September 5th.

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.