Kasikornbank Public Company Limited (OTCMKTS:KPCPY) Short Interest Down 94.7% in March

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 94.7% from the February 28th total of 1,900 shares. Based on an average trading volume of 15,200 shares, the days-to-cover ratio is currently 0.0 days.

Kasikornbank Public Price Performance

Shares of KPCPY traded up $0.48 during mid-day trading on Wednesday, hitting $19.30. 1,913 shares of the company’s stock were exchanged, compared to its average volume of 6,944. The company has a 50-day simple moving average of $18.37 and a 200 day simple moving average of $18.13. Kasikornbank Public has a 52 week low of $12.89 and a 52 week high of $20.00.

Kasikornbank Public (OTCMKTS:KPCPY) last issued its quarterly earnings results on Tuesday, January 21st. The company reported $0.52 earnings per share (EPS) for the quarter.

Kasikornbank Public Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, April 18th will be given a dividend of $0.7878 per share. The ex-dividend date is Friday, April 18th. This is a boost from Kasikornbank Public’s previous dividend of $0.12.

About Kasikornbank Public

Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services in Thailand and internationally. The company's personal banking products and services include savings, current, fixed deposit, and foreign currency accounts; personal, home, and auto loans; debit and credit cards; health, accident, travel, retire, loan, save and invest, life and non-life insurance products; investment products, such as mutual funds, stocks, and derivatives/futures exchange; money transfer and bill payment, cheque and draft, and foreign exchange services; and digital banking services.