DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Down 26.3% in August

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the target of a large decline in short interest in August. As of August 31st, there was short interest totalling 5,900 shares, a decline of 26.3% from the August 15th total of 8,000 shares. Based on an average daily trading volume, of 50,400 shares, the days-to-cover ratio is currently 0.1 days.

DBS Group Stock Performance

OTCMKTS:DBSDY traded up $0.10 during trading hours on Friday, reaching $116.86. The company had a trading volume of 39,575 shares, compared to its average volume of 47,672. The stock has a 50-day moving average of $109.24 and a two-hundred day moving average of $103.87. DBS Group has a one year low of $82.82 and a one year high of $117.40.

DBS Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Monday, August 19th were given a dividend of $1.5768 per share. The ex-dividend date of this dividend was Monday, August 19th. This is a boost from DBS Group’s previous dividend of $1.55.

About DBS Group

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.