Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY - Get Free Report) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 200 shares, a drop of 96.4% from the January 31st total of 5,500 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is currently 0.0 days.
Oversea-Chinese Banking Price Performance
OVCHY traded up $0.20 during midday trading on Monday, hitting $25.40. 18,661 shares of the company's stock traded hands, compared to its average volume of 14,822. The stock's fifty day simple moving average is $25.27 and its 200-day simple moving average is $24.07. Oversea-Chinese Banking has a one year low of $18.79 and a one year high of $27.52.
About Oversea-Chinese Banking
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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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