Short Interest in Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Increases By 119.1%

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 14,032 shares, a growth of 119.1% from the January 15th total of 6,405 shares. Based on an average daily volume of 11,061 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 11,061 shares, the short-interest ratio is presently 1.3 days.

Kasikornbank Public Stock Performance

KPCPY stock traded up $0.17 during midday trading on Thursday, hitting $25.52. The company’s stock had a trading volume of 42,032 shares, compared to its average volume of 6,711. The firm has a 50-day simple moving average of $24.59 and a 200-day simple moving average of $22.54. Kasikornbank Public has a 52-week low of $16.33 and a 52-week high of $26.19.

Kasikornbank Public (OTCMKTS:KPCPY) last released its earnings results on Wednesday, January 21st. The company reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $1.32 billion during the quarter.

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.