KBC Group NV (OTCMKTS:KBCSF) Sees Large Drop in Short Interest

KBC Group NV (OTCMKTS:KBCSF) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 544,900 shares, a decrease of 17.5% from the May 31st total of 660,500 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 1,362.3 days.

KBC Group Price Performance

KBCSF stock remained flat at $70.50 during midday trading on Tuesday. The company had a trading volume of 68 shares, compared to its average volume of 456. The stock’s 50-day moving average price is $73.64 and its 200-day moving average price is $70.49. KBC Group has a 12 month low of $53.07 and a 12 month high of $77.35.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company provides demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.