Capitec Bank Holdings Limited (OTCMKTS:CKHGY – Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,263 shares, a decline of 55.6% from the May 14th total of 2,844 shares. Based on an average daily volume of 8,985 shares, the days-to-cover ratio is currently 0.1 days.
Capitec Bank Trading Up 2.5%
Capitec Bank stock traded up $3.39 during mid-day trading on Friday, hitting $137.23. 1,077 shares of the company traded hands, compared to its average volume of 2,082. Capitec Bank has a one year low of $93.81 and a one year high of $149.76. The stock has a fifty day moving average price of $132.12 and a 200-day moving average price of $129.97.
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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