DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 6,500 shares, a growth of 54.8% from the January 31st total of 4,200 shares. Based on an average daily volume of 91,400 shares, the days-to-cover ratio is presently 0.1 days.
DBS Group Trading Down 0.6 %
DBSDY traded down $0.77 during trading on Monday, hitting $135.80. The company had a trading volume of 23,144 shares, compared to its average volume of 39,621. DBS Group has a 1-year low of $88.38 and a 1-year high of $143.99. The business has a 50-day moving average of $131.52 and a 200-day moving average of $124.27.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised DBS Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 3rd.
Read Our Latest Stock 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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