DBS Group Holdings Ltd (OTCMKTS:DBSDY) Sees Significant Decrease in Short Interest

DBS Group Holdings Ltd (OTCMKTS:DBSDY) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 4,200 shares, a decline of 40.8% from the May 31st total of 7,100 shares. Based on an average daily trading volume, of 58,200 shares, the short-interest ratio is presently 0.1 days.

DBS Group Stock Performance

Shares of DBSDY traded down $0.76 during mid-day trading on Friday, hitting $105.16. The company’s stock had a trading volume of 188,222 shares, compared to its average volume of 41,570. DBS Group has a fifty-two week low of $82.08 and a fifty-two week high of $110.10. The firm has a 50-day moving average price of $104.77 and a 200 day moving average price of $95.75.

DBS Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were given a $1.5475 dividend. The ex-dividend date of this dividend was Friday, May 10th.

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.