Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) Short Interest Update

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,674 shares, a growth of 307.0% from the May 31st total of 657 shares. Based on an average trading volume of 13,431 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Bangkok Bank Public to a “hold” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Bangkok Bank Public Stock Down 0.1%

OTCMKTS:BKKLY opened at $27.86 on Friday. The business’s 50-day moving average price is $26.56 and its two-hundred day moving average price is $26.84. Bangkok Bank Public has a twelve month low of $21.43 and a twelve month high of $28.91.

About Bangkok Bank Public

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) is one of Thailand’s largest commercial banks, providing a full range of banking and financial services to individual, corporate and institutional clients. Since its founding in 1944 by Chin Sophonpanich, the bank has built a comprehensive suite of products that includes retail and private banking, corporate lending, trade finance, foreign exchange and treasury services.

In the corporate sector, Bangkok Bank offers working capital and term loans, structured trade and commodity finance, cash management and foreign exchange solutions designed to support both domestic companies and multinational enterprises.