DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 4,300 shares, a drop of 33.8% from the February 13th total of 6,500 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 72,900 shares, the short-interest ratio is currently 0.1 days.
DBS Group Stock Performance
DBSDY traded up $0.65 during midday trading on Wednesday, reaching $134.66. 25,325 shares of the company's stock were exchanged, compared to its average volume of 39,683. The business's 50-day moving average price is $133.08 and its 200 day moving average price is $126.25. DBS Group has a 1-year low of $92.94 and a 1-year high of $143.99.
DBS Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, April 28th. Shareholders of record on Tuesday, April 8th will be given a dividend of $1.8021 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This is a boost from DBS Group's previous dividend of $1.64.
Analyst Ratings Changes
Separately, Citigroup raised shares of DBS Group from a "hold" rating to a "strong-buy" rating in a report on Friday, January 3rd.
Check Out Our Latest Research Report on DBS Group
DBS Group Company Profile
(
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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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