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

The Bank of East Asia, Limited (OTCMKTS:BKEAY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 13,500 shares, an increase of 15.4% from the August 15th total of 11,700 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is currently 5.9 days.

Bank of East Asia Price Performance

Bank of East Asia stock opened at $1.20 on Monday. The company’s 50-day moving average price is $1.23 and its 200-day moving average price is $1.24. Bank of East Asia has a twelve month low of $1.06 and a twelve month high of $1.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.91 and a current ratio of 0.91.

Bank of East Asia Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, September 5th will be issued a $0.035 dividend. The ex-dividend date is Thursday, September 5th. This is an increase from Bank of East Asia’s previous dividend of $0.02.

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.