Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Short Interest Down 22.6% in January

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 1,987,000 shares, a decline of 22.6% from the December 31st total of 2,568,600 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 3,311.7 days.

Oversea-Chinese Banking Price Performance

Oversea-Chinese Banking stock remained flat at $11.79 during midday trading on Friday. The firm’s 50 day simple moving average is $12.03 and its 200-day simple moving average is $11.44. Oversea-Chinese Banking has a 12-month low of $9.35 and a 12-month high of $12.40.

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.