Short Interest in Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Declines By 54.8%

Capitec Bank Holdings Limited (OTCMKTS:CKHGYGet Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 571 shares, a drop of 54.8% from the May 31st total of 1,263 shares. Based on an average trading volume of 3,940 shares, the short-interest ratio is currently 0.1 days.

Capitec Bank Price Performance

OTCMKTS:CKHGY traded down $2.62 during trading hours on Wednesday, hitting $143.72. 2,759 shares of the company traded hands, compared to its average volume of 2,029. Capitec Bank has a twelve month low of $93.94 and a twelve month high of $149.76. The firm has a 50-day moving average of $135.11 and a 200 day moving average of $132.24.

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.

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