Standard Chartered PLC (OTCMKTS:SCBFF) Sees Significant Decrease in Short Interest

Standard Chartered PLC (OTCMKTS:SCBFF) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 305,900 shares, a decline of 14.2% from the March 31st total of 356,400 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 37.8 days.

Standard Chartered Stock Up 1.1 %

Standard Chartered stock opened at $8.59 on Monday. The firm has a market cap of $22.89 billion, a price-to-earnings ratio of 8.10 and a beta of 0.82. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.48. The stock has a fifty day simple moving average of $8.29 and a two-hundred day simple moving average of $8.08. Standard Chartered has a 12 month low of $7.06 and a 12 month high of $9.78.

Standard Chartered (OTCMKTS:SCBFF) last released its quarterly earnings results on Friday, February 23rd. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.06). The firm had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.32 billion. Standard Chartered had a net margin of 9.26% and a return on equity of 7.95%. Equities analysts predict that Standard Chartered will post 1.56 EPS for the current fiscal year.

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.