Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Up 237.4% in April

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 93,800 shares, an increase of 237.4% from the March 31st total of 27,800 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 314,600 shares, the days-to-cover ratio is presently 0.3 days.

Standard Chartered Stock Up 0.7 %

Standard Chartered stock traded up $0.11 during trading hours on Friday, hitting $14.81. The stock had a trading volume of 1,268 shares, compared to its average volume of 44,793. The stock's 50-day moving average price is $14.27 and its 200-day moving average price is $12.93. Standard Chartered has a 12-month low of $8.53 and a 12-month high of $16.43. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $36.34 billion, a P/E ratio of 13.34 and a beta of 0.54.

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

Standard Chartered Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, March 28th will be given a $0.28 dividend. This is a boost from Standard Chartered's previous dividend of $0.09. The ex-dividend date is Thursday, March 27th. Standard Chartered's dividend payout ratio (DPR) is presently 40.88%.

About Standard Chartered

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.

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