Kasikornbank Public Company Limited (OTCMKTS:KPCPY – Get Free Report) was the recipient of a large growth in short interest during the month of 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 trading volume of 35,780 shares, the days-to-cover ratio is presently 1.2 days.
Kasikornbank Public Price Performance
Shares of Kasikornbank Public stock opened at $30.32 on Tuesday. Kasikornbank Public has a twelve month low of $19.52 and a twelve month high of $32.12. The company’s fifty day moving average is $28.99 and its 200 day moving average is $26.25.
Kasikornbank Public (OTCMKTS:KPCPY – Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.69 EPS for the quarter. The company had revenue of $1.53 billion during 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.
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