East West Bancorp Inc (NASDAQ:EWBC) Shorted Shares Increased By 23.57%

East West Bancorp, Inc. (NASDAQ:EWBC) Corporate Logo

During Q4 2018 the big money sentiment decreased to 0.95. That’s change of 0.28, from 2018Q3’s 1.23. 45 investors sold all, 128 reduced holdings as East West Bancorp, Inc. ratio turned negative. 116 increased positions while 48 funds took positions. Funds hold 123.71 million shares thus 2.91% more from 2018Q3’s 120.21 million shares.
Covington Capital Management owns 26,450 shs or 0.08% of their US capital. Doheny Asset Management Ca invested 0.61% of its capital in East West Bancorp, Inc. (NASDAQ:EWBC). Art Advisors Limited Liability Corp accumulated 50,697 shs. First Wilshire Secs Mngmt invested in 3.07% or 187,592 shs. New Mexico Educational Retirement Board holds 0.06% in East West Bancorp, Inc. (NASDAQ:EWBC) or 29,293 shs. Zwj Inv Counsel Inc reported 219,374 shs stake. Fisher Asset Mgmt Ltd Liability Co, a Washington-based fund reported 2.16 million shs. Oppenheimer Asset Mngmt, a New York-based fund reported 3,954 shs. Raymond James And Associate holds 0.02% of its capital in East West Bancorp, Inc. (NASDAQ:EWBC) for 264,186 shs. Stifel has invested 0.03% in East West Bancorp, Inc. (NASDAQ:EWBC). Yhb Investment has 0.27% invested in East West Bancorp, Inc. (NASDAQ:EWBC). Charter Co has invested 0.1% in East West Bancorp, Inc. (NASDAQ:EWBC). Arizona State Retirement Sys holds 104,043 shs or 0.06% of its capital. Pinebridge Investments Limited Partnership reported 18,699 shs. Neuberger Berman Grp Ltd Company holds 273,650 shs.

East West Bancorp, Inc. had 1 sale and 0 insider buys since January 28, 2019. This’s net activity of $100,114.

East West Bancorp Inc (NASDAQ:EWBC) had an increase of its shares shorted by 23.57%. It was issued in March by FINRA the 1.50 million shares shorted on EWBC. Previously was reported up change of 23.57% from 1.22 million shares. 2 days will cost EWBC with 873,500 average volume to recover its previous position. East West Bancorp Inc’s shares shorted float is 1.04%.

EWBC hit $52.95 during the last trading session after $0.21 change.Currently East West Bancorp, Inc. is downtrending after 17.97% change in last March 15, 2018. EWBC has 258,618 shares volume. EWBC underperformed the S&P500 by 22.34%.

East West Bancorp, Inc. operates as the holding firm for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals.The firm is valued at $7.69 billion. The firm operates through three divisions: Retail Banking, Commercial Banking, and Other.The P/E ratio is 11.01. It offers various deposit products comprising personal and business checking and savings accounts, time deposits and individual retirement accounts, travelersÂ’ checks, safe deposit boxes, and MasterCard and Visa merchant deposit services.

East West Bancorp, Inc. (NASDAQ:EWBC) Ratings Coverage

In total 4 analysts cover East West Bancorp (NASDAQ:EWBC). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. With $73 highest and $61 lowest PT East West Bancorp has $63.67 average PT or 20.25% above the current ($52.95) price. 9 are the (NASDAQ:EWBC)’s analyst reports since September 18, 2018 according to StockzIntelligence Inc. On Monday, October 22 the stock of East West Bancorp, Inc. (NASDAQ:EWBC) earned “Buy” rating by DA Davidson. On Tuesday, November 27 DA Davidson upgraded East West Bancorp, Inc. (NASDAQ:EWBC) to “Buy” rating. On Friday, October 19 the company was maintained by BMO Capital Markets. On Monday, October 1 BMO Capital Markets upgraded East West Bancorp, Inc. (NASDAQ:EWBC) rating. BMO Capital Markets has “Outperform” rating and $73 target. On Tuesday, September 18 Morgan Stanley maintained East West Bancorp, Inc. (NASDAQ:EWBC) rating. Morgan Stanley has “Equal-Weight” rating and $70 target. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, December 11. On Friday, March 8 the rating was maintained by Wedbush with “Outperform”.

For more East West Bancorp, Inc. (NASDAQ:EWBC) news posted recently go to: Seekingalpha.com, Seekingalpha.com, Nasdaq.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “East West Bancorp’s (EWBC) CEO Dominic Ng on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” posted on October 18, 2018, “East West Bancorp, Inc (EWBC) CEO Dominic Ng on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on January 24, 2019, “How The Parts Add Up: SIZE Headed For $97 – Nasdaq” with a publish date: March 11, 2019, “Mid-Day ETF Update: ETFs, Stocks Weaker as February Jobs Data Disappoints – Nasdaq” and the last “East West Bancorp – A Significantly Undervalued Bank For Any Portfolio – Seeking Alpha” with publication date: October 25, 2018.

East West Bancorp, Inc. (NASDAQ:EWBC) Institutional Investors Chart

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