Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Down 39.5% in July

Key Points

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Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 129,100 shares, adecreaseof39.5% from the July 15th total of 213,300 shares. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is currently 19.6 days. Approximately0.0% of the company's shares are sold short. Approximately0.0% of the company's shares are sold short. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is currently 19.6 days.

Standard Chartered Trading Up 4.7%

Shares of SCBFF traded up $0.8625 during trading hours on Friday, reaching $19.30. The stock had a trading volume of 2,040 shares, compared to its average volume of 29,987. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.46. Standard Chartered has a 52 week low of $9.57 and a 52 week high of $19.30. The firm has a 50-day moving average of $17.43 and a 200 day moving average of $15.55. The company has a market cap of $45.04 billion, a P/E ratio of 10.66 and a beta of 0.77.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.14. Standard Chartered had a net margin of 12.27% and a return on equity of 10.73%. The business had revenue of $5.51 billion during the quarter, compared to analysts' expectations of $5.07 billion. On average, sell-side analysts expect that Standard Chartered will post 1.66 earnings per share for the current fiscal year.

Standard Chartered Company Profile

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.