Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 93,800 shares, an increase of 237.4% from the March 31st total of 27,800 shares. Based on an average trading volume of 314,600 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.
Standard Chartered Price Performance
Shares of Standard Chartered stock traded down $0.49 during trading on Friday, reaching $14.73. 7,239 shares of the stock traded hands, compared to its average volume of 40,995. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.84 and a quick ratio of 0.84. Standard Chartered has a 52-week low of $8.53 and a 52-week high of $16.43. The business has a fifty day simple moving average of $14.25 and a two-hundred day simple moving average of $13.03. The company has a market capitalization of $36.16 billion, a price-to-earnings ratio of 13.27 and a beta of 0.54.
Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%. The company had revenue of $5.39 billion for the quarter, compared to analysts' expectations of $5.07 billion. Sell-side analysts expect that Standard Chartered will post 1.66 EPS for the current year.
Standard Chartered Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, March 28th will be given a dividend of $0.28 per share. This is a boost from Standard Chartered's previous dividend of $0.09. The ex-dividend date is Thursday, March 27th. Standard Chartered's payout ratio is 40.88%.
About Standard Chartered
(
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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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