Standard Bank Group Limited ( OTCMKTS:SGBLY – Get Free Report ) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 102,900 shares, a growth of 151.0% from the August 31st total of 41,000 shares.
Based on an average trading volume of 75,000 shares, the short-interest ratio is presently 1.4 days. Standard Bank Group Stock Performance SGBLY stock traded down $0.
12 during midday trading on Friday, hitting $14.52. The company’s stock had a trading volume of 19,062 shares, compared to its average volume of 29,276.
The firm’s 50-day moving average is $12.95 and its 200-day moving average is $11.22.
Standard Bank Group has a 12 month low of $8.69 and a 12 month high of $14.68.
Standard Bank Group Increases Dividend The business also recently declared a dividend, which was paid on Thursday, September 26th. Stockholders of record on Monday, September 16th were issued a dividend of $0.314 per share.
This represents a dividend yield of 4.53%. The ex-dividend date of this dividend was Friday, September 13th.
This is an increase from Standard Bank Group’s previous dividend of $0.29. Standard Bank Group’s dividend payout ratio (DPR) is presently 40.
39%. Standard Bank Group Company Profile Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services.
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Short Interest in Standard Bank Group Limited (OTCMKTS:SGBLY) Grows By 151.0%
Standard Bank Group Limited (OTCMKTS:SGBLY – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 102,900 shares, a growth of 151.0% from the August 31st total of 41,000 shares. Based on an average trading volume of 75,000 shares, the short-interest ratio is presently [...]