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

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, an increase of 150.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is currently 0.1 days.

Capitec Bank Stock Performance

CKHGY stock traded up $0.51 during mid-day trading on Friday, reaching $58.30. The company had a trading volume of 3,006 shares, compared to its average volume of 3,042. The stock’s 50-day simple moving average is $54.96 and its two-hundred day simple moving average is $52.72. Capitec Bank has a one year low of $34.09 and a one year high of $60.25.

About Capitec Bank

Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; fixed and tax-free savings, and call and notice deposits; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; merchant services; and value-added services, as well as credit and life insurance products.