Krung Thai Bank Public Company Limited (OTCMKTS:KGTFF) Sees Significant Drop in Short Interest

Krung Thai Bank Public Company Limited (OTCMKTS:KGTFF) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 8,250 shares, a drop of 50.5% from the May 14th total of 16,681 shares. Based on an average daily volume of 2,062 shares, the short-interest ratio is currently 4.0 days.

Krung Thai Bank Public Price Performance

Krung Thai Bank Public stock opened at $1.15 on Friday. Krung Thai Bank Public has a one year low of $0.57 and a one year high of $1.20. The company’s fifty day moving average price is $1.08 and its two-hundred day moving average price is $1.02.

Krung Thai Bank Public Company Profile

Krung Thai Bank Public Company Limited (OTCMKTS: KGTFF) is a state‐owned commercial bank headquartered in Bangkok, Thailand. Established under the auspices of the Ministry of Finance, the bank plays a pivotal role in supporting the Thai government’s economic policies and public sector funding initiatives. As one of the country’s largest retail and corporate lenders, Krung Thai Bank serves a diverse client base that includes individual consumers, small and medium‐sized enterprises, large corporations and government agencies.

The bank offers a full suite of financial products and services spanning retail banking, corporate banking, trade finance, treasury and capital markets.