Short Interest in Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Rises By 36.3%

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 1,201,300 shares, an increase of 36.3% from the August 31st total of 881,200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 2,002.2 days.

Oversea-Chinese Banking Price Performance

Shares of OTCMKTS OVCHF remained flat at $11.68 during trading hours on Friday. Oversea-Chinese Banking has a twelve month low of $9.10 and a twelve month high of $11.68. The business’s 50 day simple moving average is $10.80 and its 200-day simple moving average is $10.47.

Oversea-Chinese Banking Company Profile

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.