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

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,674 shares, a growth of 307.0% from the May 31st total of 657 shares. Based on an average trading volume of 13,431 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

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

Bangkok Bank Public Trading Down 0.1%

Bangkok Bank Public stock opened at $27.86 on Friday. The firm has a 50 day simple moving average of $26.56 and a 200 day simple moving average of $26.84. Bangkok Bank Public has a 1-year low of $21.43 and a 1-year high of $28.91.

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.