Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Sees Large Increase in Short Interest

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 36,549 shares, an increase of 57.2% from the August 31st total of 23,248 shares. Based on an average daily volume of 64,082 shares, the short-interest ratio is presently 0.6 days.

Kasikornbank Public Trading Down 2.1%

KPCPY traded down $0.60 on Wednesday, hitting $27.93. 11,964 shares of the company were exchanged, compared to its average volume of 25,649. The firm has a 50-day moving average price of $30.25 and a two-hundred day moving average price of $27.03. Kasikornbank Public has a twelve month low of $19.52 and a twelve month high of $32.12.

Kasikornbank Public (OTCMKTS:KPCPY) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $0.69 earnings per share (EPS) for the quarter. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.39 billion.

About Kasikornbank Public

Kasikornbank Public Company Limited, also known as KBank, is a Thailand-based commercial bank that provides financial services to individuals, small and medium-sized businesses, corporations and institutional customers. The bank offers deposit accounts, personal and business loans, credit cards, payment services, trade finance and other traditional banking products.

KBank also provides wealth management, investment-related services and insurance products through its banking and financial-services operations.