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

DBS Group Holdings Ltd (OTCMKTS:DBSDY) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 7,800 shares, a decrease of 68.8% from the March 15th total of 25,000 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 77,600 shares, the short-interest ratio is presently 0.1 days.

DBS Group Stock Up 2.1 %

OTCMKTS DBSDY traded up $2.47 during trading on Tuesday, reaching $120.95. 54,454 shares of the stock traded hands, compared to its average volume of 44,995. The stock’s 50-day moving average price is $132.54 and its 200 day moving average price is $127.92. DBS Group has a fifty-two week low of $94.72 and a fifty-two week high of $145.95.

DBS Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 28th. Stockholders of record on Tuesday, April 8th will be issued a dividend of $1.8021 per share. The ex-dividend date is Tuesday, April 8th. This is a boost from DBS Group’s previous dividend of $1.64.

Analyst Upgrades and Downgrades

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

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.