Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 137,900 shares, a growth of 108.9% from the April 30th total of 66,000 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 14.1 days. Approximately 0.0% of the company's stock are short sold.
Standard Chartered Stock Performance
Shares of SCBFF traded down $0.03 during trading hours on Tuesday, reaching $15.76. 847 shares of the company traded hands, compared to its average volume of 32,688. The stock has a market capitalization of $38.67 billion, a P/E ratio of 14.19 and a beta of 0.67. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.48. Standard Chartered has a 12-month low of $8.53 and a 12-month high of $16.43. The business has a fifty day moving average price of $14.20 and a 200-day moving average price of $13.64.
Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. The business had revenue of $5.39 billion during the quarter, compared to analysts' expectations of $5.07 billion. Equities analysts anticipate that Standard Chartered will post 1.66 EPS for the current fiscal year.
Standard Chartered Increases Dividend
The company also recently declared a dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, March 28th were paid a $0.28 dividend. This is a boost from Standard Chartered's previous dividend of $0.09. The ex-dividend date was Thursday, March 27th. Standard Chartered's dividend payout ratio is 38.10%.
About Standard Chartered
(
Get Free Report)
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.
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