Standard Chartered PLC (OTCMKTS:SCBFY) Short Interest Up 51.4% in December

Standard Chartered PLC (OTCMKTS:SCBFYGet Free Report) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 39,200 shares, an increase of 51.4% from the November 30th total of 25,900 shares. Based on an average daily volume of 239,900 shares, the days-to-cover ratio is presently 0.2 days.

Standard Chartered Price Performance

Standard Chartered stock traded down $0.49 during mid-day trading on Friday, reaching $25.00. The company had a trading volume of 138,427 shares, compared to its average volume of 100,771. The company has a 50 day moving average of $24.30 and a 200-day moving average of $21.42. Standard Chartered has a 52 week low of $14.35 and a 52 week high of $25.90.

About Standard Chartered

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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.

Further Reading

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