Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Short Interest Up 57.8% in May

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 18,256 shares, a growth of 57.8% from the May 14th total of 11,568 shares. Based on an average daily trading volume, of 55,329 shares, the short-interest ratio is currently 0.3 days.

Kasikornbank Public Trading Up 1.0%

Shares of OTCMKTS:KPCPY traded up $0.26 during midday trading on Tuesday, reaching $25.72. 1,167 shares of the company’s stock traded hands, compared to its average volume of 25,019. Kasikornbank Public has a 1 year low of $17.73 and a 1 year high of $28.14. The company has a fifty day simple moving average of $24.83 and a two-hundred day simple moving average of $24.61.

Kasikornbank Public (OTCMKTS:KPCPY) last released its earnings results on Tuesday, April 21st. The company reported $0.79 earnings per share for the quarter. The firm had revenue of $1.47 billion during the quarter.

About Kasikornbank Public

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.