Short Interest in Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Increases By 1,550.0%

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 3,300 shares, an increase of 1,550.0% from the February 13th total of 200 shares. Based on an average daily volume of 41,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Oversea-Chinese Banking Trading Down 4.8 %

Shares of OVCHY opened at $24.60 on Friday. Oversea-Chinese Banking has a 52-week low of $19.36 and a 52-week high of $27.52. The business’s fifty day moving average is $25.39 and its 200-day moving average is $24.24.

About Oversea-Chinese Banking

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.