Standard Chartered PLC (OTCMKTS:SCBFY) Sees Large Increase in Short Interest

Standard Chartered PLC (OTCMKTS:SCBFY) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 25,900 shares, a growth of 156.4% from the November 15th total of 10,100 shares. Based on an average trading volume of 104,700 shares, the days-to-cover ratio is currently 0.2 days.

Standard Chartered Stock Up 0.3 %

Shares of OTCMKTS SCBFY opened at $25.47 on Friday. The stock has a fifty day moving average price of $23.64 and a 200 day moving average price of $21.02. Standard Chartered has a 1-year low of $14.35 and a 1-year high of $25.90.

About Standard Chartered

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.