Short Interest in DBS Group Holdings Ltd (OTCMKTS:DBSDY) Declines By 35.7%

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 4,886 shares, a decline of 35.7% from the June 30th total of 7,599 shares. Based on an average daily volume of 63,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Macquarie Infrastructure raised DBS Group to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, DBS Group currently has an average rating of “Buy”.

DBS Group Stock Performance

Shares of OTCMKTS:DBSDY opened at $230.70 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.83 and a current ratio of 0.83. DBS Group has a 52 week low of $142.00 and a 52 week high of $238.04. The firm has a 50 day simple moving average of $209.45 and a 200 day simple moving average of $191.29.

DBS Group Company Profile

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.