Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Short Interest Up 25.0% in October

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,000 shares, an increase of 25.0% from the September 30th total of 800 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 0.3 days.

Capitec Bank Stock Down 0.9 %

Shares of CKHGY stock traded down $0.81 during trading on Wednesday, hitting $88.43. The company had a trading volume of 883 shares, compared to its average volume of 2,650. Capitec Bank has a 52 week low of $44.38 and a 52 week high of $93.00. The stock’s 50-day moving average is $86.18 and its two-hundred day moving average is $73.70.

Capitec Bank Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, October 18th will be issued a dividend of $0.4296 per share. The ex-dividend date is 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.