Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,900 shares, a decrease of 22.0% from the August 15th total of 5,000 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is currently 1.7 days.
Malayan Banking Berhad Stock Up 4.3 %
Shares of Malayan Banking Berhad stock traded up $0.15 on Friday, reaching $3.67. 220 shares of the company were exchanged, compared to its average volume of 4,003. The company’s 50-day moving average is $4.13 and its two-hundred day moving average is $3.98. Malayan Banking Berhad has a 1-year low of $3.30 and a 1-year high of $12.71.
Malayan Banking Berhad Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.1099 per share. The ex-dividend date of this dividend is Thursday, September 14th. Malayan Banking Berhad’s dividend payout ratio is 15.14%.
Malayan Banking Berhad Company Profile
Malayan Banking Berhad provides commercial banking and related financial products and services for individuals, small and medium enterprises, retail and corporate customers, and financial institutions primarily in Malaysia, Singapore, and Indonesia. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful.
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