Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Short Interest Up 75.8% in March

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 1,860 shares, a growth of 75.8% from the February 26th total of 1,058 shares. Based on an average trading volume of 2,736 shares, the days-to-cover ratio is currently 0.7 days.

Capitec Bank Stock Performance

Shares of CKHGY stock traded down $1.04 during trading on Friday, reaching $120.43. The company’s stock had a trading volume of 330 shares, compared to its average volume of 1,295. Capitec Bank has a one year low of $68.65 and a one year high of $149.76. The business has a fifty day moving average price of $135.26 and a 200-day moving average price of $121.28.

About Capitec Bank

Capitec Bank is a South African retail bank founded in 2001 and headquartered in Stellenbosch. From its inception, the company has pursued a digital-first approach to banking, combining a network of branches and automated point-of-sale terminals with mobile and online platforms. Capitec’s streamlined service model targets individuals and small to medium-sized enterprises seeking straightforward banking solutions and transparent fee structures.

The bank’s core offerings include transactional accounts, savings products, unsecured personal loans and credit facilities.