Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Up 105.5% in March

Standard Chartered PLC (OTCMKTS:SCBFF) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 82,000 shares, a growth of 105.5% from the February 28th total of 39,900 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,300 shares, the short-interest ratio is currently 13.0 days.

Standard Chartered Trading Up 2.8 %

OTCMKTS:SCBFF traded up $0.40 during midday trading on Friday, hitting $14.75. The stock had a trading volume of 4,461 shares, compared to its average volume of 6,317. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.48. The stock has a 50-day moving average of $14.38 and a 200 day moving average of $12.50. The company has a market capitalization of $36.21 billion, a price-to-earnings ratio of 13.29 and a beta of 0.67. Standard Chartered has a one year low of $7.70 and a one year high of $16.43.

Standard Chartered (OTCMKTS:SCBFF) last announced its quarterly earnings results on Friday, February 21st. The company reported $0.28 EPS for the quarter. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. The firm had revenue of $4.80 billion for the quarter. As a group, sell-side analysts forecast that Standard Chartered will post 1.66 EPS for the current year.

Standard Chartered Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, March 28th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Standard Chartered’s previous dividend of $0.09. Standard Chartered’s dividend payout ratio (DPR) is currently 40.88%.

About Standard Chartered

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.