KBC Group NV (OTCMKTS:KBCSY) Short Interest Up 168.0% in December

KBC Group NV (OTCMKTS:KBCSYGet Free Report) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 26,800 shares, a growth of 168.0% from the December 15th total of 10,000 shares. Based on an average daily trading volume, of 54,200 shares, the days-to-cover ratio is presently 0.5 days.

KBC Group Trading Down 1.6 %

KBCSY stock traded down $0.60 during midday trading on Tuesday, hitting $36.85. The company had a trading volume of 40,722 shares, compared to its average volume of 35,260. KBC Group has a 52 week low of $30.13 and a 52 week high of $40.32. The stock’s 50 day moving average price is $37.39 and its 200 day moving average price is $37.49. The stock has a market cap of $30.77 billion, a price-to-earnings ratio of 9.47, a PEG ratio of 1.45 and a beta of 1.12.

KBC Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were given a $0.3313 dividend. The ex-dividend date was Wednesday, November 13th. This is an increase from KBC Group’s previous dividend of $0.23. KBC Group’s payout ratio is presently 16.20%.

About KBC Group

(Get Free Report)

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.

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