Short Interest in Standard Bank Group Limited (OTCMKTS:SGBLY) Decreases By 28.1%

Standard Bank Group Limited (OTCMKTS:SGBLY) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 17,900 shares, a decline of 28.1% from the November 30th total of 24,900 shares. Based on an average daily volume of 81,600 shares, the short-interest ratio is currently 0.2 days.

Standard Bank Group Price Performance

OTCMKTS SGBLY traded down $0.13 on Friday, reaching $11.85. The stock had a trading volume of 39,982 shares, compared to its average volume of 30,438. The business’s 50-day moving average price is $13.17 and its 200 day moving average price is $12.85. Standard Bank Group has a 12-month low of $8.69 and a 12-month high of $14.68.

Standard Bank Group Company Profile

Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services.