Standard Chartered PLC (OTCMKTS:SCBFY) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFY) was the target of a significant 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 Trading Down 0.2 %

Shares of OTCMKTS:SCBFY traded down $0.08 during midday trading on Friday, reaching $31.92. 82,415 shares of the company were exchanged, compared to its average volume of 85,282. Standard Chartered has a fifty-two week low of $16.03 and a fifty-two week high of $32.20. The stock has a fifty day simple moving average of $27.11 and a two-hundred day simple moving average of $24.07.

Standard Chartered Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, March 28th will be paid a $0.6578 dividend. This is a positive change from Standard Chartered’s previous dividend of $0.14. The ex-dividend date is Friday, March 28th.

About Standard Chartered

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.