Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY - Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 500 shares, a decline of 73.7% from the September 15th total of 1,900 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 0.0 days.
Oversea-Chinese Banking Stock Performance
OTCMKTS:OVCHY traded up $0.03 during mid-day trading on Thursday, hitting $22.86. 2,496 shares of the stock traded hands, compared to its average volume of 10,023. Oversea-Chinese Banking has a 52 week low of $18.00 and a 52 week high of $25.07. The firm's 50 day moving average is $22.53 and its two-hundred day moving average is $21.63.
Oversea-Chinese Banking Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, September 9th. Investors of record on Tuesday, August 13th were paid a dividend of $0.6141 per share. This is a positive change from Oversea-Chinese Banking's previous dividend of $0.57. The ex-dividend date was Tuesday, August 13th.
Oversea-Chinese Banking Company Profile
(
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Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.
Further Reading
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