The Bank of East Asia, Limited (OTCMKTS:BKEAY – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totalling 3,900 shares, a decrease of 66.4% from the September 30th total of 11,600 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is currently 0.4 days.
Bank of East Asia Stock Up 0.5 %
Shares of BKEAY stock opened at $1.29 on Friday. Bank of East Asia has a fifty-two week low of $1.06 and a fifty-two week high of $1.36. The firm’s 50 day moving average price is $1.24 and its two-hundred day moving average price is $1.25.
Bank of East Asia Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, September 5th were issued a dividend of $0.035 per share. This is a positive change from Bank of East Asia’s previous dividend of $0.02. The ex-dividend date 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.
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