Short Interest in DBS Group Holdings Ltd (OTCMKTS:DBSDY) Rises By 79.6%

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 64,100 shares, an increase of 79.6% from the May 15th total of 35,700 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 78,500 shares, the short-interest ratio is presently 0.8 days.

DBS Group Price Performance

Shares of OTCMKTS:DBSDY traded down $0.38 on Wednesday, reaching $137.83. The company had a trading volume of 18,154 shares, compared to its average volume of 45,502. The stock has a 50-day moving average price of $133.33 and a 200 day moving average price of $132.13. DBS Group has a twelve month low of $95.73 and a twelve month high of $148.44.

DBS Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 20th were paid a $0.447 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a yield of 5.08%.

DBS Group Company Profile

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.