Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Short Interest Up 27.4% in March

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totaling 66,639 shares, a growth of 27.4% from the March 15th total of 52,317 shares. Based on an average daily trading volume, of 101,028 shares, the days-to-cover ratio is presently 0.7 days.

Kasikornbank Public Stock Performance

KPCPY stock opened at $24.90 on Friday. Kasikornbank Public has a 1-year low of $16.44 and a 1-year high of $28.14. The business has a 50-day moving average price of $24.64 and a 200 day moving average price of $23.77.

Kasikornbank Public (OTCMKTS:KPCPY) last posted its earnings results on Wednesday, January 21st. The company reported $0.54 EPS for the quarter. The business had revenue of $1.32 billion for the quarter.

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.