Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Sees Large Growth in Short Interest

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

Kasikornbank Public Stock Performance

KPCPY opened at $25.09 on Thursday. Kasikornbank Public has a 52-week low of $16.44 and a 52-week high of $28.14. The firm’s 50-day moving average price is $24.65 and its 200-day moving average price is $23.76.

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