Standard Chartered PLC (OTCMKTS:SCBFY) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFY) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 26,900 shares, an increase of 174.5% from the January 31st total of 9,800 shares. Based on an average trading volume of 97,200 shares, the short-interest ratio is currently 0.3 days.

Standard Chartered Stock Performance

Shares of SCBFY traded down $0.08 during midday trading on Friday, reaching $31.92. The stock had a trading volume of 82,415 shares, compared to its average volume of 85,282. The firm has a 50 day simple moving average of $27.11 and a 200-day simple moving average of $24.07. Standard Chartered has a one year low of $16.03 and a one year high of $32.20.

Standard Chartered Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, June 3rd. Investors of record on Friday, March 28th will be issued a dividend of $0.6578 per share. This is an increase from Standard Chartered’s previous dividend of $0.14. The ex-dividend date of this dividend is Friday, March 28th.

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.