DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 6,500 shares, a growth of 54.8% from the January 31st total of 4,200 shares. Based on an average trading volume of 91,400 shares, the days-to-cover ratio is currently 0.1 days.
DBS Group Stock Performance
DBS Group stock traded down $0.98 during trading on Friday, reaching $136.57. 36,544 shares of the company were exchanged, compared to its average volume of 40,045. DBS Group has a 52-week low of $88.38 and a 52-week high of $143.99. The stock’s 50 day simple moving average is $131.37 and its two-hundred day simple moving average is $123.93.
Wall Street Analyst Weigh In
Separately, Citigroup raised DBS Group from a “hold” rating to a “strong-buy” rating in a research report 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.
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