Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Sees Significant Drop in Short Interest

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,000 shares, a decline of 69.7% from the February 28th total of 3,300 shares. Based on an average daily trading volume, of 30,800 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Oversea-Chinese Banking Price Performance

Shares of OVCHY traded down $0.38 during mid-day trading on Friday, reaching $25.53. 9,731 shares of the company were exchanged, compared to its average volume of 16,599. The business has a 50 day simple moving average of $25.46 and a two-hundred day simple moving average of $24.47. Oversea-Chinese Banking has a 52 week low of $19.51 and a 52 week high of $27.52.

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.