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

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 500 shares, an increase of 400.0% from the May 15th total of 100 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 0.2 days.

Capitec Bank Stock Performance

Shares of Capitec Bank stock opened at $98.74 on Thursday. Capitec Bank has a 1-year low of $59.33 and a 1-year high of $99.89. The firm has a fifty day simple moving average of $90.41 and a 200-day simple moving average of $86.40.

Capitec Bank Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were paid a $0.8465 dividend. The ex-dividend date of this dividend was Friday, May 16th. This is a positive change from Capitec Bank’s previous dividend of $0.43. This represents a dividend yield of 1.35%.

About Capitec Bank

Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; fixed and tax-free savings, and call and notice deposits; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; merchant services; and value-added services, as well as credit and life insurance products.