Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Sees Significant Decline in Short Interest

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 400 shares, a decrease of 42.9% from the September 30th total of 700 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 2,300 shares, the short-interest ratio is presently 0.2 days.

Capitec Bank Stock Down 3.4%

Shares of Capitec Bank stock opened at $110.37 on Monday. Capitec Bank has a 12-month low of $68.65 and a 12-month high of $117.50. The stock’s fifty day moving average is $105.19 and its 200-day moving average is $99.41.

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.