Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Short Interest Up 54.4% in October

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,251,800 shares, an increase of 54.4% from the September 30th total of 2,106,600 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 10,839.3 days.

Oversea-Chinese Banking Price Performance

Shares of OTCMKTS:OVCHF remained flat at $11.78 during trading on Friday. 10,400 shares of the stock traded hands, compared to its average volume of 2,346. The company has a 50 day simple moving average of $11.18 and a 200-day simple moving average of $10.79. Oversea-Chinese Banking has a 52-week low of $9.10 and a 52-week high of $11.78.

Oversea-Chinese Banking Company Profile

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.