Malayan Banking Berhad (OTCMKTS:MLYBY) Short Interest Down 55.3% in November

Malayan Banking Berhad (OTCMKTS:MLYBY) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 2,100 shares, a drop of 55.3% from the October 31st total of 4,700 shares. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 0.7 days.

Malayan Banking Berhad Stock Down 10.8 %

Shares of OTCMKTS:MLYBY traded down $0.61 on Thursday, hitting $5.02. 716 shares of the company’s stock were exchanged, compared to its average volume of 1,803. Malayan Banking Berhad has a 12 month low of $3.82 and a 12 month high of $6.80. The business’s 50 day simple moving average is $5.06 and its two-hundred day simple moving average is $5.01.

Malayan Banking Berhad Increases Dividend

The company also recently announced a dividend, which was paid on Monday, October 7th. Shareholders of record on Thursday, September 12th were given a dividend of $0.1181 per share. The ex-dividend date of this dividend was Thursday, September 12th. This is a positive change from Malayan Banking Berhad’s previous dividend of $0.11. Malayan Banking Berhad’s payout ratio is 16.51%.

Malayan Banking Berhad Company Profile

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.