Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 100,300 shares, an increase of 111.2% from the May 31st total of 47,500 shares. Based on an average daily volume of 175,800 shares, the days-to-cover ratio is currently 0.6 days.
Standard Chartered Stock Down 1.2 %
OTCMKTS:SCBFY traded down $0.22 during trading hours on Friday, reaching $18.53. 82,364 shares of the company’s stock were exchanged, compared to its average volume of 92,519. The company has a 50-day moving average of $18.98 and a 200 day moving average of $17.22. Standard Chartered has a 1-year low of $14.35 and a 1-year high of $20.42.
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