DBS Group Holdings Ltd (OTCMKTS:DBSDY) Short Interest Update

DBS Group Holdings Ltd (OTCMKTS:DBSDY) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,179 shares, a decline of 72.5% from the April 15th total of 11,554 shares. Based on an average daily trading volume, of 250,025 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Macquarie Infrastructure raised DBS Group to a “hold” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, DBS Group has a consensus rating of “Buy”.

DBS Group Trading Up 1.2%

OTCMKTS DBSDY traded up $2.21 on Wednesday, hitting $187.93. 9,977 shares of the company’s stock were exchanged, compared to its average volume of 60,578. The stock has a 50-day moving average of $178.71 and a 200-day moving average of $176.21. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.15. DBS Group has a 52 week low of $132.00 and a 52 week high of $194.00.

About DBS Group

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.