DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Down 80.9% in October

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 900 shares, a decline of 80.9% from the September 30th total of 4,700 shares. Based on an average daily volume of 39,900 shares, the days-to-cover ratio is currently 0.0 days.

DBS Group Price Performance

DBSDY stock remained flat at $118.53 on Friday. 35,824 shares of the company traded hands, compared to its average volume of 44,867. DBS Group has a fifty-two week low of $82.82 and a fifty-two week high of $126.99. The stock's fifty day moving average is $115.80 and its two-hundred day moving average is $108.75.

DBS Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Monday, August 19th were given a dividend of $1.5768 per share. The ex-dividend date was Monday, August 19th. This is an increase 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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