DBS Group Holdings Ltd (OTCMKTS:DBSDY) Sees Significant Decline in Short Interest

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,214 shares, a decline of 85.1% from the May 31st total of 14,889 shares. Based on an average trading volume of 79,157 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Macquarie Infrastructure raised DBS Group to a “hold” rating in a research note 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. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

View Our Latest Report on DBSDY

DBS Group Price Performance

Shares of DBSDY stock opened at $203.82 on Friday. The stock has a 50 day moving average price of $191.31 and a 200 day moving average price of $183.12. DBS Group has a 52-week low of $139.21 and a 52-week high of $206.99. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.83 and a quick ratio of 0.83.

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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