Short Interest in Standard Chartered PLC (OTCMKTS:SCBFF) Increases By 256.8%

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 1,478,100 shares, a growth of 256.8% from the September 30th total of 414,300 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 1,137.0 days.Get Standard Chartered alerts:Standard Chartered Price PerformanceSCBFF stock remained flat at $10.88 during trading on Friday. 3,823 shares of the company traded hands, compared to its average volume of 12,434. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. The company has a 50 day simple moving average of $10.17 and a 200-day simple moving average of $9.49. Standard Chartered has a 1 year low of $7.06 and a 1 year high of $11.03. The company has a market cap of $27.89 billion, a PE ratio of 9.80 and a beta of 0.75. Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last issued its earnings results on Tuesday, July 30th. The company reported $0.45 EPS for the quarter. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%. The company had revenue of $4.66 billion during the quarter. Equities analysts expect that Standard Chartered will post 1.66 EPS for the current year. Standard Chartered Announces DividendThe company also recently disclosed a dividend, which was paid on Thursday, October 10th. Investors of record on Friday, August 9th were given a $0.09 dividend. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend was Thursday, August 8th. Standard Chartered's dividend payout ratio is currently 16.22%. Wall Street Analyst Weigh InSeparately, UBS Group raised Standard Chartered to a "strong-buy" rating in a report on Thursday, August 1st.Get Our Latest Stock Report on Standard CharteredStandard Chartered Company Profile (Get Free Report)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.See AlsoFive stocks we like better than Standard CharteredAirline Stocks - Top Airline Stocks to Buy NowTexas Roadhouse Stock Steering for New Highs This YearWhat is Short Interest? How to Use ItMonopar Therapeutics Skyrockets 400% on Licensing DealStock Market Upgrades: What Are They?Tractor Supply Stock Pulls Back: A Prime Buying OpportunityThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Trump vs. Kamala - results are in… (From Porter & Company) (Ad)Should you invest $1,000 in Standard Chartered right now?Before you consider Standard Chartered, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Standard Chartered wasn't on the list.While Standard Chartered currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here