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

The Bank of East Asia, Limited (OTCMKTS:BKEAY - Get Free Report) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 200 shares, a growth of 100.0% from the March 15th total of 100 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut Bank of East Asia to a "sell" rating in a report on Tuesday.

Bank of East Asia Stock Performance

Shares of OTCMKTS:BKEAY remained flat at $1.33 on Friday. 1 shares of the stock traded hands, compared to its average volume of 2,110. Bank of East Asia has a 12-month low of $1.06 and a 12-month high of $1.53. The stock's 50-day moving average is $1.37 and its 200-day moving average is $1.29.

Bank of East Asia Increases Dividend

The company also recently disclosed 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 an increase from Bank of East Asia's previous dividend of $0.03. The ex-dividend date is Thursday, 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.