Short Interest in DBS Group Holdings Ltd (OTCMKTS:DBSDY) Expands By 407.9%

by · The Cerbat Gem

DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 16,145 shares, a growth of 407.9% from the April 30th total of 3,179 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 75,536 shares, the days-to-cover ratio is currently 0.2 days.

DBS Group Price Performance

Shares of OTCMKTS DBSDY traded down $1.54 during trading hours on Thursday, hitting $193.66. 2,706 shares of the stock were exchanged, compared to its average volume of 58,474. DBS Group has a 12 month low of $132.00 and a 12 month high of $201.10. The firm has a fifty day moving average price of $182.81 and a 200-day moving average price of $178.27. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15.

Analyst Ratings Changes

Separately, Macquarie Infrastructure raised DBS Group to a “hold” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, DBS Group currently has a consensus rating of “Buy”.

Get Our Latest Analysis on DBSDY

About DBS Group

(Get Free Report)

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.

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