Short Interest in Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Drops By 52.6%

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 21,877 shares, a decrease of 52.6% from the April 15th total of 46,160 shares. Based on an average daily volume of 56,753 shares, the days-to-cover ratio is presently 0.4 days.

Kasikornbank Public Stock Performance

OTCMKTS KPCPY traded down $0.34 during trading hours on Friday, hitting $24.68. 24,020 shares of the company’s stock were exchanged, compared to its average volume of 25,042. The business’s 50 day moving average is $24.26 and its 200-day moving average is $24.27. Kasikornbank Public has a 12-month low of $17.73 and a 12-month high of $28.14.

Kasikornbank Public (OTCMKTS:KPCPY) last released its quarterly earnings data on Tuesday, April 21st. The company reported $0.79 EPS for the quarter. The firm had revenue of $1.47 billion for 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.