Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Short Interest Down 15.0% in December

by · The Cerbat Gem

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 2,412,200 shares, a drop of 15.0% from the November 30th total of 2,836,800 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 2,412.2 days.

Oversea-Chinese Banking Price Performance

Oversea-Chinese Banking stock remained flat at $12.28 during midday trading on Friday. The company has a 50 day simple moving average of $11.82 and a 200 day simple moving average of $11.23. Oversea-Chinese Banking has a 52-week low of $9.21 and a 52-week high of $12.40.

Oversea-Chinese Banking Company Profile

(Get Free Report)

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.

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