Short Interest in DBS Group Holdings Ltd (OTCMKTS:DBSDY) Increases By 134.3%

DBS Group Holdings Ltd (OTCMKTS:DBSDY) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,200 shares, an increase of 134.3% from the December 15th total of 3,500 shares. Based on an average daily volume of 53,300 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Citigroup raised DBS Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 3rd.

DBS Group Stock Performance

Shares of OTCMKTS DBSDY traded down $0.45 during mid-day trading on Thursday, reaching $127.20. 36,727 shares of the company traded hands, compared to its average volume of 24,041. The company’s fifty day moving average is $127.91 and its two-hundred day moving average is $118.30. DBS Group has a fifty-two week low of $84.23 and a fifty-two week high of $137.25.

DBS Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were given a $1.6365 dividend. The ex-dividend date of this dividend was Monday, November 18th. This is an increase from DBS Group’s previous dividend of $1.58.

DBS Group Company Profile

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company’s Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.