Short Interest in Standard Chartered PLC (OTCMKTS:SCBFY) Rises By 51.4%

Standard Chartered PLC (OTCMKTS:SCBFY) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 39,200 shares, an increase of 51.4% from the November 30th total of 25,900 shares. Based on an average trading volume of 239,900 shares, the short-interest ratio is presently 0.2 days.

Standard Chartered Stock Performance

Shares of SCBFY stock traded down $0.49 during trading hours on Friday, reaching $25.00. 138,427 shares of the company’s stock were exchanged, compared to its average volume of 100,771. Standard Chartered has a fifty-two week low of $14.35 and a fifty-two week high of $25.90. The stock’s 50 day moving average is $24.30 and its 200-day moving average is $21.40.

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.