DBS Group Holdings Ltd (OTCMKTS:DBSDY) Sees Significant Increase in Short Interest

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 11,600 shares, an increase of 38.1% from the March 15th total of 8,400 shares. Based on an average daily trading volume, of 57,400 shares, the short-interest ratio is currently 0.2 days.

DBS Group Stock Down 1.1 %

DBS Group stock traded down $1.14 during mid-day trading on Friday, hitting $105.16. 35,253 shares of the stock were exchanged, compared to its average volume of 25,040. DBS Group has a 12 month low of $88.98 and a 12 month high of $109.20. The firm's fifty day simple moving average is $102.11 and its two-hundred day simple moving average is $98.56.

DBS Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 29th. Investors of record on Monday, April 8th will be issued a $1.5551 dividend. This is a positive change from DBS Group's previous dividend of $1.37. The ex-dividend date is Friday, April 5th.

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.