Short Interest in KBC Group NV (OTCMKTS:KBCSY) Expands By 168.0%

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

KBC Group Stock Performance

Shares of KBCSY stock traded down $0.35 during trading hours on Thursday, reaching $38.75. The company had a trading volume of 20,324 shares, compared to its average volume of 72,238. The company has a market capitalization of $32.36 billion, a P/E ratio of 9.96, a price-to-earnings-growth ratio of 1.55 and a beta of 1.12. KBC Group has a twelve month low of $30.13 and a twelve month high of $40.32. The stock’s fifty day simple moving average is $37.71 and its 200 day simple moving average is $37.67.

KBC Group (OTCMKTS:KBCSY) last posted its earnings results on Thursday, November 7th. The company reported $1.18 EPS for the quarter. The business had revenue of $6.92 billion for the quarter. KBC Group had a net margin of 11.36% and a return on equity of 12.49%. As a group, equities analysts expect that KBC Group will post 4.43 earnings per share for the current year.

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.