Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Sees Large Increase in Short Interest
by Danessa Lincoln · The Markets DailyCapitec Bank Holdings Limited (OTCMKTS:CKHGY – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 15th, there was short interest totaling 600 shares, agrowthof200.0% from the July 31st total of 200 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 0.2 days.
Capitec Bank Stock Down 3.7%
OTCMKTS CKHGY opened at $97.33 on Thursday. Capitec Bank has a 52 week low of $68.65 and a 52 week high of $105.55. The company has a 50-day moving average price of $99.01 and a 200-day moving average price of $92.13.
Capitec Bank Company Profile
Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; fixed and tax-free savings, and call and notice deposits; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; merchant services; and value-added services, as well as credit and life insurance products.
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