Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFF) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 317,800 shares, a growth of 130.5% from the May 15th total of 137,900 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 28,000 shares, the days-to-cover ratio is currently 11.4 days.

Standard Chartered Stock Performance

Shares of SCBFF stock opened at $15.76 on Friday. The company has a market capitalization of $38.67 billion, a P/E ratio of 14.19 and a beta of 0.74. The business’s 50 day moving average is $14.47 and its two-hundred day moving average is $13.82. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.48. Standard Chartered has a 12-month low of $8.53 and a 12-month high of $16.43.

Standard Chartered (OTCMKTS:SCBFF) last released its earnings results on Friday, May 2nd. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. The business had revenue of $5.39 billion for the quarter, compared to the consensus estimate of $5.07 billion. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. Analysts expect that Standard Chartered will post 1.66 EPS for the current fiscal year.

Standard Chartered Increases Dividend

The company also recently announced a dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, March 28th were given a $0.28 dividend. The ex-dividend date was Thursday, March 27th. This is an increase from Standard Chartered’s previous dividend of $0.09. Standard Chartered’s dividend payout ratio (DPR) is 38.10%.

About Standard Chartered

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.