The Bank of East Asia Ltd. (OTCMKTS:BKEAY) Short Interest Update

The Bank of East Asia Ltd. (OTCMKTS:BKEAY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 13,800 shares, agrowthof13,700.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is presently 3.3 days. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is presently 3.3 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered shares of Bank of East Asia to a “sell” rating in a research report on Tuesday, April 15th.

Bank of East Asia Price Performance

BKEAY opened at $1.52 on Friday. The company’s 50-day moving average is $1.48 and its 200 day moving average is $1.39. Bank of East Asia has a fifty-two week low of $1.06 and a fifty-two week high of $1.63.

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.