Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Sees Large Decrease in Short Interest

Capitec Bank Holdings Limited (OTCMKTS:CKHGYGet Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,263 shares, a drop of 55.6% from the May 14th total of 2,844 shares. Based on an average daily trading volume, of 8,985 shares, the short-interest ratio is presently 0.1 days.

Capitec Bank Stock Performance

Shares of CKHGY opened at $137.23 on Friday. The stock has a 50-day moving average of $132.12 and a 200-day moving average of $129.97. Capitec Bank has a one year low of $93.81 and a one year high of $149.76.

Capitec Bank Company Profile

(Get Free Report)

Capitec Bank is a South African retail bank founded in 2001 and headquartered in Stellenbosch. From its inception, the company has pursued a digital-first approach to banking, combining a network of branches and automated point-of-sale terminals with mobile and online platforms. Capitec’s streamlined service model targets individuals and small to medium-sized enterprises seeking straightforward banking solutions and transparent fee structures.

The bank’s core offerings include transactional accounts, savings products, unsecured personal loans and credit facilities.

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