Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Short Interest Update

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 43,725 shares, an increase of 85.6% from the July 30th total of 23,556 shares. Based on an average trading volume of 35,780 shares, the short-interest ratio is presently 1.2 days.

Kasikornbank Public Stock Up 2.4%

KPCPY stock traded up $0.70 during trading on Monday, hitting $30.32. 79,184 shares of the company’s stock traded hands, compared to its average volume of 25,482. Kasikornbank Public has a 52 week low of $19.52 and a 52 week high of $32.12. The stock has a fifty day moving average price of $28.89 and a two-hundred day moving average price of $26.21.

Kasikornbank Public (OTCMKTS:KPCPY) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.69 earnings per share for the quarter. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.39 billion.

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.