Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Sees Large Decline in Short Interest

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 96.4% from the January 31st total of 5,500 shares. Based on an average daily trading volume, of 25,000 shares, the short-interest ratio is presently 0.0 days.

Oversea-Chinese Banking Trading Down 1.1 %

OVCHY traded down $0.30 during trading on Friday, reaching $25.58. 11,955 shares of the company’s stock were exchanged, compared to its average volume of 12,683. The firm has a fifty day moving average price of $25.22 and a two-hundred day moving average price of $23.98. Oversea-Chinese Banking has a one year low of $18.67 and a one year high of $27.52.

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.