DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 2,700 shares, a drop of 35.7% from the June 15th total of 4,200 shares. Based on an average trading volume of 138,500 shares, the short-interest ratio is presently 0.0 days.
DBS Group Price Performance
Shares of DBSDY stock traded down $0.71 on Friday, reaching $113.00. 22,691 shares of the company’s stock were exchanged, compared to its average volume of 50,775. DBS Group has a 52 week low of $82.82 and a 52 week high of $114.48. The company’s fifty day simple moving average is $106.59 and its 200 day simple moving average is $97.47.
DBS Group Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were paid a dividend of $1.5475 per share. The ex-dividend date was Friday, May 10th.
About DBS Group
DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company's Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.
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