Capitec Bank Holdings Limited (OTCMKTS:CKHGY – Get Free Report) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 900 shares, a decline of 10.0% from the October 15th total of 1,000 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is currently 0.4 days.
Capitec Bank Trading Down 0.4 %
OTCMKTS CKHGY traded down $0.32 on Monday, reaching $89.39. The company had a trading volume of 3,000 shares, compared to its average volume of 2,561. Capitec Bank has a 52-week low of $48.92 and a 52-week high of $96.73. The company’s fifty day moving average is $88.91 and its 200 day moving average is $76.94.
Capitec Bank Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, October 18th were issued a $0.4296 dividend. The ex-dividend date of this dividend was Friday, October 18th.
About Capitec Bank
Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; fixed and tax-free savings, and call and notice deposits; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; merchant services; and value-added services, as well as credit and life insurance products.
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