Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Sees Large Drop in Short Interest

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 200 shares, a drop of 96.4% from the January 31st total of 5,500 shares. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is currently 0.0 days.

Oversea-Chinese Banking Stock Down 1.1 %

Shares of OTCMKTS:OVCHY traded down $0.30 during mid-day trading on Friday, hitting $25.58. 11,955 shares of the company traded hands, compared to its average volume of 12,683. The stock has a 50-day moving average price of $25.22 and a two-hundred day moving average price of $23.98. Oversea-Chinese Banking has a 12-month low of $18.67 and a 12-month high of $27.52.

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.