Short Interest in Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Decreases By 63.6%

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 6,645 shares, a decline of 63.6% from the May 31st total of 18,256 shares. Based on an average daily trading volume, of 49,895 shares, the short-interest ratio is presently 0.1 days.

Kasikornbank Public Stock Performance

KPCPY stock opened at $26.36 on Friday. The business has a fifty day simple moving average of $24.96 and a 200-day simple moving average of $24.73. Kasikornbank Public has a 52 week low of $17.77 and a 52 week high of $28.14.

Kasikornbank Public (OTCMKTS:KPCPY) last issued 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.

Kasikornbank Public Company Profile

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.