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

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 6,500 shares, an increase of 54.8% from the January 31st total of 4,200 shares. Based on an average trading volume of 91,400 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

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

DBS Group Stock Down 0.7 %

Shares of DBS Group stock traded down $0.98 during trading on Friday, reaching $136.57. The company’s stock had a trading volume of 36,544 shares, compared to its average volume of 40,045. The company has a 50-day simple moving average of $131.37 and a two-hundred day simple moving average of $123.93. DBS Group has a 1-year low of $88.38 and a 1-year high of $143.99.

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.