Standard Chartered PLC (OTCMKTS:SCBFF) Sees Significant Decrease in Short Interest

Standard Chartered PLC (OTCMKTS:SCBFF) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 39,900 shares, a decline of 51.6% from the February 13th total of 82,500 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 11,800 shares, the short-interest ratio is presently 3.4 days.

Standard Chartered Stock Performance

OTCMKTS:SCBFF remained flat at $14.51 during trading hours on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.48. Standard Chartered has a 12 month low of $7.70 and a 12 month high of $16.43. The company has a market capitalization of $35.62 billion, a price-to-earnings ratio of 13.07 and a beta of 0.67. The firm has a fifty day simple moving average of $13.82 and a 200-day simple moving average of $12.11.

Standard Chartered (OTCMKTS:SCBFF) last issued its quarterly earnings results on Friday, February 21st. The company reported $0.28 EPS for the quarter. The firm had revenue of $4.80 billion for the quarter. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%. As a group, analysts anticipate that Standard Chartered will post 1.66 EPS for the current year.

About Standard Chartered

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.