Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Short Interest Up 57.8% in May

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 18,256 shares, a growth of 57.8% from the May 14th total of 11,568 shares. Based on an average daily trading volume, of 55,329 shares, the days-to-cover ratio is presently 0.3 days.

Kasikornbank Public Stock Up 1.0%

Shares of KPCPY traded up $0.26 during mid-day trading on Tuesday, reaching $25.72. The company had a trading volume of 1,167 shares, compared to its average volume of 25,019. Kasikornbank Public has a 52-week low of $17.73 and a 52-week high of $28.14. The stock has a 50 day moving average of $24.83 and a two-hundred day moving average of $24.61.

Kasikornbank Public (OTCMKTS:KPCPY) last issued its earnings results on Tuesday, April 21st. The company reported $0.79 EPS for the quarter. The company 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.