DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Up 133.3% in April

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 18,200 shares, a growth of 133.3% from the March 31st total of 7,800 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 138,900 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of DBS Group from a "hold" rating to a "strong-buy" rating in a report on Friday, January 3rd.

DBS Group Stock Performance

Shares of DBSDY traded up $2.26 during trading hours on Friday, hitting $132.26. 28,628 shares of the company were exchanged, compared to its average volume of 44,486. The firm's 50 day moving average is $130.40 and its 200-day moving average is $128.77. DBS Group has a 52 week low of $95.73 and a 52 week high of $145.95.

DBS Group Increases Dividend

The company also recently declared a dividend, which was paid on Monday, April 28th. Stockholders of record on Tuesday, April 8th were given a $1.8021 dividend. This is a positive change from DBS Group's previous dividend of $1.64. The ex-dividend date of this dividend was Tuesday, April 8th.

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.