Short Interest in DBS Group Holdings Ltd (OTCMKTS:DBSDY) Decreases By 72.8%

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 4,700 shares, a drop of 72.8% from the September 15th total of 17,300 shares. Based on an average daily volume of 68,600 shares, the days-to-cover ratio is currently 0.1 days.

DBS Group Price Performance

DBSDY traded down $0.11 during trading on Thursday, reaching $118.51. The company's stock had a trading volume of 23,315 shares, compared to its average volume of 45,943. The company's fifty day moving average price is $112.23 and its 200-day moving average price is $107.12. DBS Group has a 52-week low of $82.82 and a 52-week high of $126.99.

DBS Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Monday, August 19th were issued a $1.5768 dividend. The ex-dividend date of this dividend was Monday, August 19th. This is a boost from DBS Group's previous dividend of $1.55.

DBS Group Company Profile

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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