DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Update

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 8,400 shares, a growth of 394.1% from the February 29th total of 1,700 shares. Based on an average trading volume of 57,200 shares, the days-to-cover ratio is currently 0.1 days.

DBS Group Price Performance

DBSDY stock opened at $106.58 on Friday. The stock’s 50 day simple moving average is $99.51 and its 200 day simple moving average is $97.92. DBS Group has a 12-month low of $88.98 and a 12-month high of $109.20.

DBS Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 29th. Stockholders of record on Monday, April 8th will be issued a $1.5551 dividend. The ex-dividend date is Friday, April 5th. This is a positive change from DBS Group’s previous dividend of $1.37.

DBS Group Company Profile

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company's Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.