Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Update

Standard Chartered PLC (OTCMKTS:SCBFFGet Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 317,800 shares, a growth of 130.5% from the May 15th total of 137,900 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 28,000 shares, the short-interest ratio is currently 11.4 days.

Standard Chartered Stock Performance

SCBFF stock traded down $0.54 during trading on Friday, hitting $15.22. The company had a trading volume of 2,611 shares, compared to its average volume of 29,480. The firm has a market cap of $37.36 billion, a PE ratio of 13.71 and a beta of 0.74. Standard Chartered has a 1-year low of $8.53 and a 1-year high of $16.43. The firm has a 50-day moving average price of $14.55 and a 200-day moving average price of $13.86. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.48.

Standard Chartered (OTCMKTS:SCBFFGet Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. The firm had revenue of $5.39 billion for the quarter, compared to analysts’ expectations of $5.07 billion. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. On average, analysts expect that Standard Chartered will post 1.66 earnings per share for the current year.

Standard Chartered Increases Dividend

The business also recently declared a dividend, which was paid on Monday, May 19th. Investors of record on Friday, March 28th were given a $0.28 dividend. The ex-dividend date was Thursday, March 27th. This is a boost from Standard Chartered’s previous dividend of $0.09. Standard Chartered’s payout ratio is 38.10%.

Standard Chartered Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Standard Chartered Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Chartered and related companies with MarketBeat.com's FREE daily email newsletter.