Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) Short Interest Up 307.0% in June

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) was the recipient of a significant growth in short interest in 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 daily volume of 13,431 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded Bangkok Bank Public to a “hold” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Bangkok Bank Public Stock Performance

Shares of Bangkok Bank Public stock opened at $27.86 on Monday. The business’s 50 day moving average price is $26.56 and its 200 day moving average price is $26.85. Bangkok Bank Public has a one year low of $21.43 and a one year high of $28.91.

Bangkok Bank Public Company Profile

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.