Short Interest in Standard Chartered PLC (OTCMKTS:SCBFF) Expands By 130.5%

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 317,800 shares, an increase of 130.5% from the May 15th total of 137,900 shares. Based on an average daily trading volume, of 28,000 shares, the short-interest ratio is currently 11.4 days. Approximately 0.0% of the company's shares are short sold.

Standard Chartered Trading Down 3.4%

OTCMKTS:SCBFF traded down $0.54 during mid-day trading on Friday, reaching $15.22. The company's stock had a trading volume of 2,611 shares, compared to its average volume of 29,480. The company's fifty day simple moving average is $14.47 and its two-hundred day simple moving average is $13.82. 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 twelve month low of $8.53 and a twelve month high of $16.43. The stock has a market cap of $37.36 billion, a P/E ratio of 13.71 and a beta of 0.74.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last issued its quarterly 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. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. The firm had revenue of $5.39 billion for the quarter, compared to analyst estimates of $5.07 billion. On average, equities analysts predict that Standard Chartered will post 1.66 EPS for the current year.

Standard Chartered Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, March 28th were paid a $0.28 dividend. This is a positive change from Standard Chartered's previous dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 27th. Standard Chartered's dividend payout ratio (DPR) 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.