Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the recipient of a significant growth in short interest in 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. Currently, 0.0% of the shares of the company are sold short.

Standard Chartered Stock Performance

Standard Chartered stock traded up $0.14 during trading hours on Friday, reaching $15.79. 6,086 shares of the company were exchanged, compared to its average volume of 33,135. The firm has a market cap of $38.75 billion, a price-to-earnings ratio of 14.22 and a beta of 0.67. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.48. The stock has a 50-day moving average of $14.17 and a 200 day moving average of $13.60. Standard Chartered has a 12 month low of $8.53 and a 12 month high of $16.43.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The firm had revenue of $5.39 billion during the quarter, compared to analysts' expectations of $5.07 billion. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. As a group, research analysts anticipate that Standard Chartered will post 1.66 earnings per share for the current year.

Standard Chartered Increases Dividend

The business also recently announced a dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, March 28th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from Standard Chartered's previous dividend of $0.09. Standard Chartered's dividend payout ratio is presently 38.10%.

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.