Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Short Interest Update

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,987,000 shares, a drop of 22.6% from the December 31st total of 2,568,600 shares. Based on an average trading volume of 600 shares, the short-interest ratio is currently 3,311.7 days.

Oversea-Chinese Banking Price Performance

Shares of OTCMKTS OVCHF remained flat at $11.79 during mid-day trading on Friday. Oversea-Chinese Banking has a twelve month low of $9.35 and a twelve month high of $12.40. The business’s 50-day moving average price is $12.03 and its 200 day moving average price is $11.44.

Oversea-Chinese Banking Company Profile

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.