KBC Group NV (OTCMKTS:KBCSY) Sees Large Growth in Short Interest

KBC Group NV (OTCMKTS:KBCSY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 26,800 shares, a growth of 168.0% from the December 15th total of 10,000 shares. Based on an average trading volume of 54,200 shares, the days-to-cover ratio is presently 0.5 days.

KBC Group Stock Up 1.1 %

Shares of OTCMKTS:KBCSY traded up $0.40 during midday trading on Wednesday, hitting $37.95. 27,005 shares of the stock traded hands, compared to its average volume of 35,224. The business’s 50 day moving average is $37.39 and its two-hundred day moving average is $37.50. The stock has a market capitalization of $31.69 billion, a PE ratio of 9.76, a P/E/G ratio of 1.45 and a beta of 1.12. KBC Group has a one year low of $30.13 and a one year high of $40.32.

KBC Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were issued a $0.3313 dividend. The ex-dividend date was Wednesday, November 13th. This is a boost from KBC Group’s previous dividend of $0.23. KBC Group’s dividend payout ratio (DPR) is 16.20%.

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 offers 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.