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

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

Kasikornbank Public Trading Down 1.3%

Shares of OTCMKTS KPCPY traded down $0.38 during midday trading on Friday, hitting $29.62. 40,385 shares of the stock traded hands, compared to its average volume of 25,339. Kasikornbank Public has a one year low of $19.52 and a one year high of $32.12. The business has a 50 day moving average price of $28.89 and a two-hundred day moving average price of $26.21.

Kasikornbank Public (OTCMKTS:KPCPY) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $0.69 EPS for the quarter. The business 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.