Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Sees Large Growth in Short Interest

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY - Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,300 shares, an increase of 1,550.0% from the February 13th total of 200 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 41,600 shares, the short-interest ratio is presently 0.1 days.

Oversea-Chinese Banking Trading Down 4.8 %

OTCMKTS OVCHY traded down $1.23 during trading hours on Thursday, hitting $24.60. The company's stock had a trading volume of 11,256 shares, compared to its average volume of 14,851. The stock has a fifty day moving average of $25.39 and a 200 day moving average of $24.24. Oversea-Chinese Banking has a twelve month low of $19.36 and a twelve month high of $27.52.

About Oversea-Chinese Banking

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.