DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Update

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 23,200 shares, an increase of 759.3% from the June 30th total of 2,700 shares. Based on an average daily trading volume, of 313,300 shares, the days-to-cover ratio is presently 0.1 days.

DBS Group Stock Performance

DBS Group stock traded down $0.35 during trading on Friday, reaching $108.59. 75,150 shares of the company were exchanged, compared to its average volume of 117,996. The stock’s 50 day simple moving average is $107.44 and its two-hundred day simple moving average is $98.70. DBS Group has a 52-week low of $82.82 and a 52-week high of $114.48.

DBS Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, May 30th. Shareholders of record on Monday, May 13th were paid a dividend of $1.5475 per share. The ex-dividend date was Friday, May 10th.

About DBS Group

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company's Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.