DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) saw a large growth in short interest in 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 daily volume of 57,200 shares, the days-to-cover ratio is currently 0.1 days.
DBS Group Stock Up 1.2 %
OTCMKTS:DBSDY opened at $108.45 on Thursday. The firm’s 50 day moving average is $99.23 and its 200 day moving average is $97.84. DBS Group has a 12 month low of $88.98 and a 12 month high of $109.20.
DBS Group Increases Dividend
The company 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 boost from DBS Group’s previous dividend of $1.37.
About DBS Group
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.
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