Standard Chartered PLC (OTCMKTS:SCBFY) Short Interest Down 41.3% in December

Standard Chartered PLC (OTCMKTS:SCBFY) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 23,000 shares, a decline of 41.3% from the December 15th total of 39,200 shares. Based on an average trading volume of 105,200 shares, the days-to-cover ratio is currently 0.2 days.

Standard Chartered Stock Performance

Shares of SCBFY stock opened at $26.21 on Thursday. The firm’s 50 day moving average is $24.81 and its 200 day moving average is $21.97. Standard Chartered has a 12 month low of $14.35 and a 12 month high of $26.31.

Standard Chartered Company Profile

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.