DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Down 94.8% in November

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 1,300 shares, a drop of 94.8% from the November 15th total of 24,800 shares. Based on an average daily trading volume, of 87,800 shares, the short-interest ratio is currently 0.0 days.

DBS Group Price Performance

DBS Group stock traded up $0.51 during trading hours on Wednesday, hitting $130.70. The stock had a trading volume of 24,463 shares, compared to its average volume of 43,950. The business’s 50 day simple moving average is $122.78 and its 200-day simple moving average is $114.20. DBS Group has a one year low of $82.82 and a one year high of $137.25.

DBS Group Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a dividend of $1.6365 per share. The ex-dividend date of this dividend was Monday, November 18th. This is a positive change from DBS Group’s previous dividend of $1.58.

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.