DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Down 77.8% in July

Key Points

• DBS Group Holdings Ltd experienced a significant 77.8% decrease in short interest, dropping from 82,500 shares to 18,300 shares as of July 31st.
• The current days-to-cover ratio is 0.3 days, with only 0.0% of the company's stock currently short sold.
• As of the latest trading session, DBS shares opened at $159.35, showing a 12-month price range between $106.84 and $161.28.

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 18,300 shares, adeclineof77.8% from the July 15th total of 82,500 shares. Based on an average daily trading volume, of 65,100 shares, the short-interest ratio is currently 0.3 days. Currently,0.0% of the shares of the company are short sold. Currently,0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 65,100 shares, the short-interest ratio is currently 0.3 days.

DBS Group Trading Up 0.0%

Shares of DBSDY stock traded up $0.0550 during mid-day trading on Wednesday, hitting $155.4250. 11,094 shares of the stock were exchanged, compared to its average volume of 50,650. DBS Group has a 52-week low of $106.86 and a 52-week high of $162.45. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.00. The firm has a fifty day moving average of $146.36 and a 200 day moving average of $137.79.

DBS Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th will be issued a $0.4671 dividend. The ex-dividend date of this dividend is Monday, August 18th. This is an increase from DBS Group's previous dividend of $0.45. This represents a yield of 498.0%.

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.