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

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) was the recipient of a significant 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 daily trading volume, of 15,200 shares, the short-interest ratio is currently 0.0 days.

Kasikornbank Public Stock Up 2.6 %

Shares of OTCMKTS KPCPY traded up $0.48 during mid-day trading on Thursday, reaching $19.30. 1,913 shares of the company’s stock traded hands, compared to its average volume of 6,944. Kasikornbank Public has a 1-year low of $12.89 and a 1-year high of $20.00. The business has a 50-day simple moving average of $18.37 and a 200 day simple moving average of $18.13.

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

Kasikornbank Public Increases Dividend

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

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.