DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Rating) saw a large growth in short interest in the month of December. As of December 30th, there was short interest totalling 4,800 shares, a growth of 4,700.0% from the December 15th total of 100 shares. Based on an average daily volume of 86,900 shares, the days-to-cover ratio is presently 0.1 days.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. downgraded DBS Group from an "overweight" rating to a "neutral" rating in a research note on Tuesday, November 22nd.
Get DBS Group alerts:DBS Group Price Performance
Shares of DBS Group stock opened at $106.33 on Wednesday. The business has a 50 day simple moving average of $101.86 and a two-hundred day simple moving average of $95.81. DBS Group has a 12 month low of $81.68 and a 12 month high of $111.25.
DBS Group Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, December 5th. Stockholders of record on Friday, November 11th were paid a $0.9631 dividend. This represents a dividend yield of 4.01%. The ex-dividend date of this dividend was Thursday, November 10th.About DBS Group
(Get Rating)
DBS Group Holdings Ltd provides financial products and services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The 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.
Recommended Stories
- Get a free copy of the StockNews.com research report on DBS Group (DBSDY)
- Cathie Wood Is Buying These Stocks, Should You?
- Tritium Is the Largest DC EV Charger Maker You've Never Heard Of
- Thor Industries Hammered Its Numbers. Is it a Buy?
- United Airlines Soars Ahead of Earnings...Time to Deplane?
- Is Dividend King PPG Industries A Buy Before Earnings?
Receive News & Ratings for DBS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DBS Group and related companies with MarketBeat.com's FREE daily email newsletter.