Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 74,400 shares, an increase of 172.5% from the July 15th total of 27,300 shares. Based on an average daily volume of 153,600 shares, the short-interest ratio is currently 0.5 days.
Standard Chartered Stock Down 0.8 %
Shares of SCBFY opened at $19.11 on Thursday. Standard Chartered has a twelve month low of $14.35 and a twelve month high of $20.42. The firm’s 50 day moving average price is $18.90 and its 200 day moving average price is $17.89.
Standard Chartered Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, August 12th will be issued a dividend of $0.144 per share. The ex-dividend date of this dividend is Monday, August 12th.
Standard Chartered Company Profile
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.
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