Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Sees Large Decline in Short Interest

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 2,412,200 shares, a decline of 15.0% from the November 30th total of 2,836,800 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is presently 2,412.2 days.

Oversea-Chinese Banking Stock Performance

Shares of Oversea-Chinese Banking stock opened at $12.28 on Monday. Oversea-Chinese Banking has a one year low of $9.21 and a one year high of $12.40. The firm has a fifty day moving average of $11.82 and a two-hundred day moving average of $11.24.

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.