Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 24,300 shares, an increase of 185.9% from the February 28th total of 8,500 shares. Based on an average daily trading volume, of 140,900 shares, the short-interest ratio is currently 0.2 days.
Standard Chartered Trading Down 3.1 %
OTCMKTS SCBFY opened at $29.80 on Friday. The stock has a 50 day moving average price of $29.32 and a 200-day moving average price of $25.52. Standard Chartered has a one year low of $16.03 and a one year high of $32.47.
Standard Chartered Increases Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Friday, March 28th will be issued a $0.6578 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from Standard Chartered’s previous dividend of $0.14.
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.
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