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

Standard Chartered PLC (OTCMKTS:SCBFF) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 305,900 shares, a decrease 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 presently 37.8 days.

Standard Chartered Trading Up 1.1 %

Standard Chartered stock opened at $8.59 on Monday. Standard Chartered has a 12-month low of $7.06 and a 12-month high of $9.78. 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 firm has a market capitalization of $22.89 billion, a price-to-earnings ratio of 8.10 and a beta of 0.82. The firm has a 50 day moving average of $8.29 and a 200 day moving average of $8.08.

Standard Chartered (OTCMKTS:SCBFF) last posted its quarterly earnings results on Friday, February 23rd. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.06). Standard Chartered had a return on equity of 7.95% and a net margin of 9.26%. The business had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.32 billion. As a group, research analysts predict that Standard Chartered will post 1.56 earnings per share for the current 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.