DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Up 73.4% in November

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 daily volume of 67,000 shares, the days-to-cover ratio is presently 0.4 days.

DBS Group Stock Performance

Shares of DBSDY traded up $2.02 during trading hours on Friday, reaching $126.79. The company had a trading volume of 16,296 shares, compared to its average volume of 43,953. The firm has a 50 day simple moving average of $121.31 and a 200-day simple moving average of $112.90. DBS Group has a 12-month low of $82.82 and a 12-month high of $131.99.

DBS Group Increases Dividend

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

DBS Group Company Profile

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.