Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Sees Large Growth in Short Interest

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 1,201,300 shares, a growth of 36.3% from the August 31st total of 881,200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 2,002.2 days.

Oversea-Chinese Banking Stock Performance

Shares of OTCMKTS:OVCHF remained flat at $11.68 during mid-day trading on Friday. The stock has a 50 day moving average of $10.80 and a 200 day moving average of $10.47. Oversea-Chinese Banking has a one year low of $9.10 and a one year high of $11.68.

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.