Short Interest in Standard Chartered PLC (OTCMKTS:SCBFY) Declines By 72.8%

Standard Chartered PLC (OTCMKTS:SCBFY) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 10,100 shares, a drop of 72.8% from the October 31st total of 37,200 shares. Based on an average daily volume of 150,700 shares, the short-interest ratio is currently 0.1 days.

Standard Chartered Trading Up 2.0 %

Shares of Standard Chartered stock traded up $0.49 during trading hours on Wednesday, reaching $24.79. 34,230 shares of the stock traded hands, compared to its average volume of 100,818. Standard Chartered has a one year low of $14.35 and a one year high of $24.86. The company has a 50 day moving average price of $22.66 and a 200 day moving average price of $20.60.

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.