Standard Chartered PLC (OTCMKTS:SCBFF) Short Interest Up 24.4% in February

Standard Chartered PLC (OTCMKTS:SCBFF) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 82,500 shares, an increase of 24.4% from the January 31st total of 66,300 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is presently 13.1 days.

Standard Chartered Price Performance

OTCMKTS:SCBFF opened at $16.11 on Friday. Standard Chartered has a one year low of $7.70 and a one year high of $16.43. The stock has a market cap of $39.54 billion, a PE ratio of 14.51 and a beta of 0.75. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a 50 day moving average price of $13.52 and a 200 day moving average price of $11.92.

Standard Chartered (OTCMKTS:SCBFF) last issued its earnings results on Friday, February 21st. The company reported $0.28 earnings per share (EPS) for the quarter. The business had revenue of $4.80 billion during the quarter. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. Equities research analysts expect that Standard Chartered will post 1.66 EPS for the current fiscal year.

About Standard Chartered

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.