Short Interest in Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Declines By 81.1%

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 2,650 shares, a drop of 81.1% from the January 29th total of 14,032 shares. Based on an average daily volume of 22,985 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 22,985 shares, the days-to-cover ratio is presently 0.1 days.

Kasikornbank Public Price Performance

Shares of Kasikornbank Public stock traded down $0.04 during trading on Friday, reaching $25.50. 40,053 shares of the company’s stock were exchanged, compared to its average volume of 12,414. Kasikornbank Public has a 1-year low of $16.33 and a 1-year high of $27.42. The firm’s 50-day moving average price is $25.00 and its 200 day moving average price is $22.96.

Kasikornbank Public (OTCMKTS:KPCPY) last posted its quarterly earnings results on Wednesday, January 21st. The company reported $0.54 earnings per share 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.