Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Short Interest Up 196.7% in July
by Mitch Edgeman · The Markets DailyKasikornbank Public Company Limited (OTCMKTS:KPCPY – Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 23,556 shares, a growth of 196.7% from the July 15th total of 7,939 shares. Based on an average trading volume of 32,469 shares, the short-interest ratio is presently 0.7 days.
Kasikornbank Public Trading Down 0.6%
Shares of OTCMKTS:KPCPY traded down $0.18 during midday trading on Friday, reaching $30.07. 54,177 shares of the company were exchanged, compared to its average volume of 23,762. Kasikornbank Public has a fifty-two week low of $19.51 and a fifty-two week high of $32.00. The stock has a fifty day simple moving average of $27.66 and a two-hundred day simple moving average of $25.75.
Kasikornbank Public (OTCMKTS:KPCPY – Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.69 earnings per share (EPS) for the quarter. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.39 billion.
About Kasikornbank Public
Kasikornbank Public Company Limited, trading on the OTC market under the symbol KPCPY, is one of Thailand’s largest banking institutions. Established in 1945 as Thai Farmers Bank by Choti Lamsam to serve the agricultural sector, it was rebranded as Kasikornbank in 2003 to reflect its broader range of financial activities. Headquartered in Bangkok, the bank has evolved into a universal bank offering a comprehensive suite of banking and financial solutions.
The bank’s core services include retail and corporate banking products such as deposit accounts, personal and business loans, trade finance, and cash management.