Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Sees Significant Drop in Short Interest

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 6,645 shares, a decline of 63.6% from the May 31st total of 18,256 shares. Based on an average daily volume of 49,895 shares, the days-to-cover ratio is currently 0.1 days.

Kasikornbank Public Stock Performance

OTCMKTS KPCPY traded down $0.03 during mid-day trading on Monday, reaching $26.34. 4,768 shares of the stock were exchanged, compared to its average volume of 24,721. The business’s 50 day moving average is $24.96 and its 200-day moving average is $24.73. Kasikornbank Public has a 1 year low of $17.93 and a 1 year high of $28.14.

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

About Kasikornbank Public

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.