DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Down 35.7% in July

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 4,886 shares, a decrease of 35.7% from the June 30th total of 7,599 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 63,400 shares, the short-interest ratio is currently 0.1 days.

DBS Group Stock Down 1.1%

Shares of DBSDY opened at $230.70 on Friday. DBS Group has a one year low of $142.00 and a one year high of $238.04. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15. The company has a 50-day moving average of $209.45 and a two-hundred day moving average of $191.29.

Wall Street Analyst Weigh In

Separately, Macquarie Infrastructure raised DBS Group to a “hold” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy”.

About DBS Group

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.