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

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) saw a large drop in short interest in the month of 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 trading volume, of 25,000 shares, the short-interest ratio is presently 0.0 days.

Oversea-Chinese Banking Trading Down 1.1 %

OVCHY stock traded down $0.30 during trading on Thursday, hitting $25.58. The company had a trading volume of 11,955 shares, compared to its average volume of 12,683. The company has a 50 day simple moving average of $25.22 and a 200-day simple moving average of $23.97. Oversea-Chinese Banking has a 52-week low of $18.67 and a 52-week high of $27.52.

About Oversea-Chinese Banking

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.