Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Short Interest Up 515.0% in April
by Doug Wharley · The Cerbat GemCapitec Bank Holdings Limited (OTCMKTS:CKHGY – Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,700 shares, an increase of 515.0% from the April 15th total of 439 shares. Based on an average daily trading volume, of 3,009 shares, the days-to-cover ratio is presently 0.9 days.
Capitec Bank Trading Down 1.0%
Shares of CKHGY opened at $131.65 on Tuesday. The business’s fifty day moving average is $128.93 and its 200 day moving average is $126.88. Capitec Bank has a 12-month low of $89.91 and a 12-month high of $149.76.
Capitec Bank Company Profile
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.