Standard Bank Group Limited (OTCMKTS:SGBLY) Short Interest Update

Standard Bank Group Limited (OTCMKTS:SGBLY) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 9,400 shares, a decline of 47.5% from the December 31st total of 17,900 shares. Based on an average daily trading volume, of 91,000 shares, the days-to-cover ratio is currently 0.1 days.

Standard Bank Group Stock Performance

Shares of OTCMKTS SGBLY traded up $0.14 during midday trading on Wednesday, reaching $11.90. 33,790 shares of the company were exchanged, compared to its average volume of 48,516. The stock has a fifty day simple moving average of $12.34 and a 200 day simple moving average of $12.90. Standard Bank Group has a 1 year low of $8.69 and a 1 year high of $14.68.

Standard Bank Group Company Profile

Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services.