Standard Chartered PLC (OTCMKTS:SCBFY) Sees Large Growth in Short Interest

Standard Chartered PLC (OTCMKTS:SCBFYGet Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 665,400 shares, an increase of 13,479.6% from the March 31st total of 4,900 shares. Based on an average daily trading volume, of 1,894,700 shares, the short-interest ratio is presently 0.4 days.

Standard Chartered Stock Up 0.4 %

SCBFY opened at $29.43 on Monday. Standard Chartered has a 52 week low of $16.90 and a 52 week high of $32.47. The business’s 50 day moving average is $28.94 and its two-hundred day moving average is $26.42.

Standard Chartered Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, March 28th will be given a dividend of $0.6578 per share. This is a positive change from Standard Chartered’s previous dividend of $0.14. The ex-dividend date of this dividend is Friday, March 28th.

Standard Chartered Company Profile

(Get Free Report)

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.

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