DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Update

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 24,800 shares, a growth of 73.4% from the October 31st total of 14,300 shares. Based on an average trading volume of 67,000 shares, the days-to-cover ratio is presently 0.4 days.

DBS Group Stock Up 0.9 %

Shares of DBSDY traded up $1.16 on Thursday, hitting $124.77. The company’s stock had a trading volume of 35,361 shares, compared to its average volume of 44,074. DBS Group has a fifty-two week low of $82.82 and a fifty-two week high of $131.99. The company has a 50 day moving average price of $121.19 and a 200 day moving average price of $112.75.

DBS Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, November 18th will be issued a $1.6365 dividend. This is an increase from DBS Group’s previous dividend of $1.58. The ex-dividend date of this dividend is Monday, November 18th.

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.