DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Update

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totalling 8,000 shares, a growth of 2,566.7% from the July 31st total of 300 shares. Based on an average daily trading volume, of 66,400 shares, the days-to-cover ratio is currently 0.1 days.

DBS Group Stock Performance

DBS Group stock opened at $110.02 on Wednesday. The firm has a 50-day moving average of $107.61 and a 200-day moving average of $101.76. DBS Group has a one year low of $82.82 and a one year high of $114.48.

DBS Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, September 5th. Investors of record on Monday, August 19th will be given a dividend of $1.5768 per share. The ex-dividend date of this dividend is Monday, August 19th. This is a boost from DBS Group’s previous dividend of $1.55.

About DBS Group

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.