Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Down 51.6% in February

Standard Chartered PLC (OTCMKTS:SCBFF) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 39,900 shares, a decline of 51.6% from the February 13th total of 82,500 shares. Based on an average daily volume of 11,800 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.0% of the company’s stock are sold short.

Standard Chartered Stock Down 2.0 %

Shares of OTCMKTS SCBFF traded down $0.31 during mid-day trading on Friday, hitting $15.39. 100 shares of the stock traded hands, compared to its average volume of 4,477. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. Standard Chartered has a 52 week low of $7.70 and a 52 week high of $16.43. The company has a market cap of $37.78 billion, a price-to-earnings ratio of 13.86 and a beta of 0.67. The stock has a fifty day moving average price of $13.89 and a 200-day moving average price of $12.16.

Standard Chartered (OTCMKTS:SCBFF) last released its quarterly earnings results on Friday, February 21st. The company reported $0.28 earnings per share for the quarter. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. The company had revenue of $4.80 billion for the quarter. Research analysts anticipate that Standard Chartered will post 1.66 EPS for the current year.

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.