Standard Chartered PLC (OTCMKTS:SCBFF) Sees Large Drop in Short Interest

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 39,900 shares, a decline of 51.6% from the February 13th total of 82,500 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is presently 3.4 days. Currently, 0.0% of the company's shares are short sold.

Standard Chartered Trading Up 2.6 %

SCBFF stock traded up $0.39 during mid-day trading on Tuesday, reaching $15.40. 434 shares of the stock traded hands, compared to its average volume of 4,087. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. Standard Chartered has a one year low of $7.70 and a one year high of $16.43. The stock has a market capitalization of $37.80 billion, a PE ratio of 13.87 and a beta of 0.67. The business has a 50-day moving average price of $14.02 and a two-hundred day moving average price of $12.25.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last issued its earnings results on Friday, February 21st. The company reported $0.28 earnings per share (EPS) for the quarter. The firm had revenue of $4.80 billion during the quarter. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%. Equities research analysts expect that Standard Chartered will post 1.66 EPS for the current year.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.