Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Short Interest Update

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 2,939,300 shares, a drop of 26.6% from the September 30th total of 4,005,400 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 14,696.5 days. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 14,696.5 days.

Oversea-Chinese Banking Price Performance

OVCHF stock opened at $12.80 on Wednesday. Oversea-Chinese Banking has a twelve month low of $10.57 and a twelve month high of $13.84. The business’s 50-day simple moving average is $12.85 and its 200 day simple moving average is $12.78.

About Oversea-Chinese Banking

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.