Short Interest in Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Grows By 56.0%

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,021,600 shares, an increase of 56.0% from the January 31st total of 1,936,800 shares. Based on an average daily volume of 15,700 shares, the short-interest ratio is currently 192.5 days.

Oversea-Chinese Banking Price Performance

OVCHF stock remained flat at $13.17 during trading on Monday. 26,017 shares of the company traded hands, compared to its average volume of 19,725. Oversea-Chinese Banking has a 52 week low of $9.35 and a 52 week high of $13.17. The firm has a 50-day moving average of $12.00 and a 200 day moving average of $11.62.

Oversea-Chinese Banking Company Profile

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.