Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Short Interest Up 42.1% in February

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 3,766 shares, an increase of 42.1% from the February 12th total of 2,650 shares. Based on an average trading volume of 59,579 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 59,579 shares, the days-to-cover ratio is presently 0.1 days.

Kasikornbank Public Stock Down 1.7%

Shares of KPCPY traded down $0.41 during trading hours on Friday, reaching $23.32. 37,365 shares of the company traded hands, compared to its average volume of 14,994. Kasikornbank Public has a fifty-two week low of $16.33 and a fifty-two week high of $27.42. The stock has a fifty day simple moving average of $24.93 and a 200 day simple moving average of $23.22.

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

Kasikornbank Public Company Profile

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.