Standard Chartered PLC (OTCMKTS:SCBFY) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFY) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 24,300 shares, a growth of 185.9% from the February 28th total of 8,500 shares. Based on an average daily volume of 140,900 shares, the short-interest ratio is currently 0.2 days.

Standard Chartered Trading Down 3.1 %

Shares of OTCMKTS SCBFY traded down $0.96 during midday trading on Friday, reaching $29.80. 33,697 shares of the stock were exchanged, compared to its average volume of 77,400. Standard Chartered has a 12 month low of $16.03 and a 12 month high of $32.47. The business has a 50-day simple moving average of $29.26 and a two-hundred day simple moving average of $25.45.

Standard Chartered Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, March 28th will be issued a dividend of $0.6578 per share. The ex-dividend date is Friday, March 28th. This is a positive change 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.