Short Interest in Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) Declines By 96.4%

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHY) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 96.4% from the January 31st total of 5,500 shares. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is currently 0.0 days.

Oversea-Chinese Banking Stock Down 1.5 %

OTCMKTS:OVCHY traded down $0.38 on Friday, hitting $25.20. The stock had a trading volume of 92,371 shares, compared to its average volume of 14,725. The business’s fifty day moving average is $25.24 and its 200 day moving average is $24.00. Oversea-Chinese Banking has a 52 week low of $18.69 and a 52 week high of $27.52.

About Oversea-Chinese Banking

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.