Short Interest in DBS Group Holdings Ltd (OTCMKTS:DBSDY) Drops By 72.5%

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,179 shares, a decrease of 72.5% from the April 15th total of 11,554 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 250,025 shares, the short-interest ratio is currently 0.0 days.

DBS Group Stock Performance

Shares of DBSDY stock traded up $0.51 during trading hours on Thursday, hitting $188.21. The company’s stock had a trading volume of 22,644 shares, compared to its average volume of 60,363. The company has a 50 day moving average of $178.95 and a 200 day moving average of $176.37. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.15. DBS Group has a 12-month low of $132.00 and a 12-month high of $194.00.

Analyst Upgrades and Downgrades

Separately, Macquarie Infrastructure raised shares of DBS Group to a “hold” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Read Our Latest Analysis on DBSDY

DBS Group Company Profile

(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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