Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Sees Significant Drop in Short Interest

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 1,000 shares, a decline of 69.7% from the February 28th total of 3,300 shares. Based on an average daily trading volume, of 30,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Oversea-Chinese Banking Stock Down 0.5 %

Shares of Oversea-Chinese Banking stock opened at $25.53 on Thursday. The company has a 50 day moving average of $25.43 and a 200-day moving average of $24.44. Oversea-Chinese Banking has a 1-year low of $19.51 and a 1-year high of $27.52.

Oversea-Chinese Banking Company Profile

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.