Capitec Bank Holdings Limited (OTCMKTS:CKHGY – Get Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 1,065 shares, a drop of 67.0% from the July 15th total of 3,223 shares. Based on an average daily volume of 3,836 shares, the days-to-cover ratio is currently 0.3 days.
Capitec Bank Stock Up 1.9%
Shares of Capitec Bank stock opened at $149.75 on Friday. The firm’s 50-day moving average price is $142.65 and its two-hundred day moving average price is $136.60. Capitec Bank has a 1-year low of $94.66 and a 1-year high of $156.77.
About Capitec Bank
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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