Short Interest in Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) Expands By 385.2%

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,401,300 shares, a growth of 385.2% from the February 29th total of 288,800 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 7,006.5 days.

Oversea-Chinese Banking Price Performance

Shares of Oversea-Chinese Banking stock remained flat at $9.35 on Wednesday. Oversea-Chinese Banking has a 12-month low of $8.83 and a 12-month high of $9.99. The stock’s 50 day moving average price is $9.59 and its two-hundred day moving average price is $9.49.

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.