Short Interest in Capitec Bank Holdings Limited (OTCMKTS:CKHGY) Rises By 500.0%

Capitec Bank Holdings Limited (OTCMKTS:CKHGY) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,200 shares, a growth of 500.0% from the March 15th total of 200 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.3 days.

Capitec Bank Trading Up 3.0 %

CKHGY stock traded up $2.42 during mid-day trading on Tuesday, reaching $82.59. 3,761 shares of the stock traded hands, compared to its average volume of 2,714. Capitec Bank has a one year low of $51.40 and a one year high of $96.73. The business has a 50-day moving average price of $82.47 and a two-hundred day moving average price of $85.48.

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.