DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Up 73.4% in November

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 24,800 shares, an increase of 73.4% from the October 31st total of 14,300 shares. Based on an average trading volume of 67,000 shares, the short-interest ratio is currently 0.4 days.

DBS Group Price Performance

Shares of DBS Group stock traded up $2.02 during mid-day trading on Friday, hitting $126.79. 16,296 shares of the stock were exchanged, compared to its average volume of 43,953. DBS Group has a twelve month low of $82.82 and a twelve month high of $131.99. The company has a 50-day simple moving average of $121.31 and a 200 day simple moving average of $112.90.

DBS Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be paid a dividend of $1.6365 per share. This is a boost from DBS Group’s previous dividend of $1.58. The ex-dividend date is Monday, November 18th.

About DBS Group

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.