Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 3,400 shares, an increase of 3,300.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 4,200 shares, the days-to-cover ratio is currently 0.8 days.
Malayan Banking Berhad Price Performance
Shares of OTCMKTS MLYBY opened at $5.26 on Friday. The company’s fifty day simple moving average is $5.44 and its 200 day simple moving average is $5.29. Malayan Banking Berhad has a 12-month low of $4.01 and a 12-month high of $6.40.
Malayan Banking Berhad Increases Dividend
The company also recently announced a dividend, which was paid on Monday, April 7th. Investors of record on Thursday, March 13th were given a $0.124 dividend. This is a positive change from Malayan Banking Berhad’s previous dividend of $0.12. The ex-dividend date was Thursday, March 13th. Malayan Banking Berhad’s payout ratio is presently 16.51%.
Malayan Banking Berhad Company Profile
Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.
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