Standard Chartered PLC (OTCMKTS:SCBFY) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFY) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 10,900 shares, a decrease of 71.0% from the March 31st total of 37,600 shares. Based on an average daily volume of 55,800 shares, the days-to-cover ratio is presently 0.2 days.

Standard Chartered Trading Down 0.8 %

OTCMKTS:SCBFY traded down $0.14 during mid-day trading on Friday, reaching $17.10. The stock had a trading volume of 73,703 shares, compared to its average volume of 80,193. The business’s 50 day moving average is $16.84 and its 200 day moving average is $16.42. Standard Chartered has a fifty-two week low of $14.35 and a fifty-two week high of $19.75.

Standard Chartered Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, March 11th will be issued a $0.4827 dividend. The ex-dividend date is Friday, March 8th. This is an increase from Standard Chartered’s previous dividend of $0.10.

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.