Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Stock Short Interest Climbs 5,935.9%

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 2,354 shares, an increase of 5,935.9% from the October 15th total of 39 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.7 days.

Capitec Bank Price Performance

Shares of CKHGY stock traded down $2.52 during mid-day trading on Tuesday, reaching $149.35. The stock had a trading volume of 2,377 shares, compared to its average volume of 2,074. Capitec Bank has a one year low of $112.41 and a one year high of $156.77. The firm’s 50 day simple moving average is $137.20 and its 200 day simple moving average is $137.25.

Capitec Bank Company Profile

Capitec Bank is a South African retail bank that provides banking and related financial services to individuals and businesses. Its offerings include transactional accounts, savings and investment products, personal credit, insurance, payments, and digital banking through its mobile application and online channels. Established in 2001, the bank operates primarily in South Africa through a network of branches, automated banking facilities, and digital platforms. It focuses on accessible, simplified banking products and serves customers across the country.