DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Update

DBS Group Holdings Ltd (OTCMKTS:DBSDY) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 6,500 shares, a growth of 54.8% from the January 31st total of 4,200 shares. Based on an average trading volume of 91,400 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Citigroup raised DBS Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 3rd.

DBS Group Stock Performance

OTCMKTS DBSDY traded down $0.77 on Tuesday, reaching $135.80. 23,144 shares of the stock traded hands, compared to its average volume of 39,621. DBS Group has a 12 month low of $88.38 and a 12 month high of $143.99. The firm’s fifty day simple moving average is $131.52 and its 200 day simple moving average is $124.27.

DBS Group Company Profile

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company’s Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.