Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) Sees Significant Growth in Short Interest

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 1,653 shares, a growth of 140.6% from the July 15th total of 687 shares. Based on an average daily volume of 12,959 shares, the days-to-cover ratio is presently 0.1 days.

Bangkok Bank Public Price Performance

Shares of BKKLY opened at $29.79 on Friday. Bangkok Bank Public has a 1 year low of $23.06 and a 1 year high of $31.86. The stock has a 50 day simple moving average of $28.71 and a 200-day simple moving average of $27.33.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Bangkok Bank Public to a “hold” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Bangkok Bank Public Company Profile

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) is one of Thailand’s largest commercial banks, providing a full range of banking and financial services to individual, corporate and institutional clients. Since its founding in 1944 by Chin Sophonpanich, the bank has built a comprehensive suite of products that includes retail and private banking, corporate lending, trade finance, foreign exchange and treasury services.

In the corporate sector, Bangkok Bank offers working capital and term loans, structured trade and commodity finance, cash management and foreign exchange solutions designed to support both domestic companies and multinational enterprises.