Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Sees Significant Decline in Short Interest

Capitec Bank Holdings Limited (OTCMKTS:CKHGY – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 546 shares, a drop of 84.8% from the August 31st total of 3,592 shares. Based on an average trading volume of 4,201 shares, the days-to-cover ratio is presently 0.1 days.

Capitec Bank Trading Up 0.9%

CKHGY traded up $1.25 on Friday, hitting $135.24. 1,071 shares of the company’s stock were exchanged, compared to its average volume of 1,852. The firm has a 50-day moving average price of $143.84 and a 200-day moving average price of $137.04. Capitec Bank has a fifty-two week low of $100.38 and a fifty-two week high of $156.77.

About Capitec Bank

(Get Free Report)

Capitec Bank is a South African retail bank headquartered in Stellenbosch. Established in 2001, the bank focuses on providing accessible, digitally enabled financial services to individuals and households across South Africa through a network of branches and electronic banking channels.

The bank offers transaction and savings accounts, fixed-term savings products, personal credit, debit and credit cards, digital payments, and mobile and online banking services. Through its broader banking platform, Capitec also provides selected insurance and other financial solutions to retail customers.

Capitec primarily serves the South African market.

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