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

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 1,200 shares, a growth of 500.0% from the March 15th total of 200 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.3 days.

Capitec Bank Stock Performance

Shares of Capitec Bank stock traded up $2.42 during trading on Tuesday, hitting $82.59. 3,761 shares of the stock traded hands, compared to its average volume of 2,714. Capitec Bank has a 52-week low of $51.40 and a 52-week high of $96.73. The stock’s fifty day simple moving average is $82.47 and its 200 day simple moving average is $85.48.

Capitec Bank Company Profile

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.