Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFF) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 82,000 shares, an increase of 105.5% from the February 28th total of 39,900 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is presently 13.0 days. Currently, 0.0% of the shares of the stock are short sold.

Standard Chartered Price Performance

SCBFF stock traded up $0.40 during trading on Friday, reaching $14.75. 4,461 shares of the company were exchanged, compared to its average volume of 6,318. The company has a market capitalization of $36.21 billion, a price-to-earnings ratio of 13.29 and a beta of 0.67. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.84 and a quick ratio of 0.84. The company has a 50-day moving average of $14.34 and a two-hundred day moving average of $12.45. Standard Chartered has a twelve month low of $7.70 and a twelve month 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. The company had revenue of $4.80 billion during the quarter. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. As a group, equities analysts predict that Standard Chartered will post 1.66 earnings per share for the current fiscal year.

Standard Chartered Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 19th. Investors of record on Friday, March 28th will be given a dividend of $0.28 per share. The ex-dividend date 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.