Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) Sees Large Growth in Short Interest

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,840 shares, a growth of 152.4% from the April 30th total of 1,125 shares. Based on an average daily trading volume, of 14,233 shares, the short-interest ratio is presently 0.2 days.

Bangkok Bank Public Stock Performance

Shares of OTCMKTS BKKLY opened at $26.55 on Monday. The stock has a 50 day moving average price of $26.21 and a 200 day moving average price of $26.60. Bangkok Bank Public has a 52-week low of $21.05 and a 52-week high of $28.91.

Analyst Ratings Changes

Separately, Zacks Research upgraded Bangkok Bank Public to a “hold” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Bangkok Bank Public currently has an average rating of “Hold”.

About Bangkok Bank Public

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) is one of Thailand’s largest commercial banks, providing a full range of banking and financial services to individual, corporate and institutional clients. Since its founding in 1944 by Chin Sophonpanich, the bank has built a comprehensive suite of products that includes retail and private banking, corporate lending, trade finance, foreign exchange and treasury services.

In the corporate sector, Bangkok Bank offers working capital and term loans, structured trade and commodity finance, cash management and foreign exchange solutions designed to support both domestic companies and multinational enterprises.