Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY - Get Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 12,200 shares, a growth of 662.5% from the November 30th total of 1,600 shares. Based on an average daily volume of 20,600 shares, the short-interest ratio is currently 0.6 days.
Oversea-Chinese Banking Stock Performance
OTCMKTS:OVCHY traded down $1.07 on Thursday, reaching $24.16. The stock had a trading volume of 13,396 shares, compared to its average volume of 10,175. The company has a 50-day moving average of $23.97 and a 200 day moving average of $22.85. Oversea-Chinese Banking has a 12-month low of $18.48 and a 12-month high of $26.03.
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.
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