Short Interest in Malayan Banking Berhad (OTCMKTS:MLYBY) Declines By 66.7%

Malayan Banking Berhad (OTCMKTS:MLYBY) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 66.7% from the January 31st total of 300 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 0.1 days.

Malayan Banking Berhad Stock Up 15.9 %

MLYBY stock traded up $0.83 on Friday, hitting $6.05. The company’s stock had a trading volume of 2,335 shares, compared to its average volume of 1,510. The firm has a 50 day moving average of $5.31 and a two-hundred day moving average of $5.19. Malayan Banking Berhad has a 1 year low of $3.82 and a 1 year high of $6.40.

Malayan Banking Berhad Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 7th. Investors of record on Thursday, March 13th will be given a $0.124 dividend. This is an increase from Malayan Banking Berhad’s previous dividend of $0.12. The ex-dividend date is Thursday, March 13th. Malayan Banking Berhad’s dividend payout ratio is 16.51%.

About Malayan Banking Berhad

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.