Short Interest in Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Expands By 85.6%

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 43,725 shares, a growth of 85.6% from the July 30th total of 23,556 shares. Based on an average daily volume of 35,780 shares, the short-interest ratio is currently 1.2 days.

Kasikornbank Public Price Performance

Kasikornbank Public stock traded down $0.38 during trading hours on Friday, reaching $29.62. The company had a trading volume of 40,385 shares, compared to its average volume of 25,339. The company has a 50-day moving average price of $28.89 and a 200 day moving average price of $26.21. Kasikornbank Public has a 12-month low of $19.52 and a 12-month high of $32.12.

Kasikornbank Public (OTCMKTS:KPCPY) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $0.69 EPS for the quarter. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.39 billion.

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.