Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Sees Large Decrease in Short Interest

Capitec Bank Holdings Limited (OTCMKTS:CKHGY – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 546 shares, a drop of 84.8% from the August 31st total of 3,592 shares. Based on an average daily trading volume, of 4,201 shares, the days-to-cover ratio is currently 0.1 days.

Capitec Bank Stock Down 4.5%

Capitec Bank stock traded down $6.21 during mid-day trading on Friday, reaching $132.88. 296 shares of the company were exchanged, compared to its average volume of 2,025. The firm’s 50-day simple moving average is $144.04 and its two-hundred day simple moving average is $137.05. Capitec Bank has a twelve month low of $100.38 and a twelve month high of $156.77.

Capitec Bank Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Capitec Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitec Bank and related companies with MarketBeat.com's FREE daily email newsletter.