DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 23,200 shares, an increase of 759.3% from the June 30th total of 2,700 shares. Based on an average trading volume of 313,300 shares, the days-to-cover ratio is presently 0.1 days.
DBS Group Stock Down 0.3 %
Shares of DBSDY stock traded down $0.35 during trading hours on Thursday, reaching $108.59. The stock had a trading volume of 75,150 shares, compared to its average volume of 50,517. The firm has a 50-day simple moving average of $107.38 and a 200-day simple moving average of $98.63. DBS Group has a twelve month low of $82.82 and a twelve month high of $114.48.
DBS Group Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, May 30th. Stockholders of record on Monday, May 13th were given a dividend of $1.5475 per share. The ex-dividend date was Friday, May 10th.
DBS Group Company Profile
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.
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