Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Short Interest Update

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Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY - Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 8,900 shares, a growth of 1,383.3% from the March 15th total of 600 shares. Based on an average trading volume of 22,300 shares, the short-interest ratio is currently 0.4 days.

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Oversea-Chinese Banking Stock Performance

OVCHY remained flat at $20.43 during trading hours on Wednesday. The company had a trading volume of 6,228 shares, compared to its average volume of 11,027. Oversea-Chinese Banking has a 12-month low of $17.46 and a 12-month high of $21.00. The business has a fifty day moving average of $19.69 and a 200-day moving average of $19.20.

Oversea-Chinese Banking Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, May 9th will be issued a $0.574 dividend. The ex-dividend date is Wednesday, May 8th. This is a boost from Oversea-Chinese Banking's previous dividend of $0.55.

About Oversea-Chinese Banking

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Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.

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