DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 35,700 shares, an increase of 410.0% from the April 30th total of 7,000 shares. Based on an average daily volume of 113,800 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.
DBS Group Trading Down 0.8%
Shares of OTCMKTS:DBSDY traded down $1.19 during midday trading on Friday, hitting $138.35. The company's stock had a trading volume of 34,256 shares, compared to its average volume of 45,714. The stock's 50 day simple moving average is $130.74 and its 200 day simple moving average is $130.98. DBS Group has a fifty-two week low of $95.73 and a fifty-two week high of $145.95.
DBS Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 6th. Stockholders of record on Tuesday, May 20th will be given a $0.447 dividend. This represents a dividend yield of 5.08%. The ex-dividend date of this dividend is Monday, May 19th.
DBS Group Company Profile
(
Get Free Report)
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.
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