Standard Bank Group Limited (OTCMKTS:SGBLY) Short Interest Update

Standard Bank Group Limited (OTCMKTS:SGBLY) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 23,400 shares, a decline of 41.2% from the January 31st total of 39,800 shares. Based on an average trading volume of 98,000 shares, the days-to-cover ratio is currently 0.2 days.

Standard Bank Group Price Performance

Shares of OTCMKTS:SGBLY traded down $0.40 during trading on Friday, reaching $11.69. 56,093 shares of the stock were exchanged, compared to its average volume of 44,610. Standard Bank Group has a 1-year low of $8.69 and a 1-year high of $14.68. The stock has a fifty day moving average of $11.87 and a two-hundred day moving average of $12.91.

About Standard Bank Group

Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services.