Short Interest in KBC Group NV (OTCMKTS:KBCSF) Grows By 107.0%

KBC Group NV (OTCMKTS:KBCSF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 183,800 shares, an increase of 107.0% from the October 31st total of 88,800 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 612.7 days.

KBC Group Stock Performance

OTCMKTS:KBCSF remained flat at $70.90 during mid-day trading on Friday. 32 shares of the company’s stock traded hands, compared to its average volume of 475. KBC Group has a 52-week low of $56.33 and a 52-week high of $79.14. The business has a 50-day simple moving average of $75.17 and a 200 day simple moving average of $73.73.

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.