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

Capitec Bank Holdings Limited (OTCMKTS:CKHGYGet Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 3,223 shares, a growth of 602.2% from the June 30th total of 459 shares. Based on an average daily volume of 4,268 shares, the short-interest ratio is presently 0.8 days.

Capitec Bank Stock Performance

Shares of CKHGY opened at $137.45 on Friday. Capitec Bank has a twelve month low of $94.66 and a twelve month high of $149.76. The firm’s 50-day moving average is $139.31 and its two-hundred day moving average is $134.79.

About Capitec Bank

(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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