Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 8,500 shares, a drop of 68.4% from the February 13th total of 26,900 shares. Based on an average daily trading volume, of 224,800 shares, the short-interest ratio is presently 0.0 days.
Standard Chartered Stock Up 2.1 %
Shares of Standard Chartered stock opened at $30.74 on Friday. Standard Chartered has a 12-month low of $16.03 and a 12-month high of $32.47. The company has a 50-day moving average of $28.31 and a two-hundred day moving average of $24.81.
Standard Chartered Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, March 28th will be issued a $0.6578 dividend. The ex-dividend date is Friday, March 28th. This is a boost from Standard Chartered’s previous dividend of $0.14.
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.
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