Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) Short Interest Down 76.6% in June

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 627 shares, a decrease of 76.6% from the June 15th total of 2,674 shares. Based on an average trading volume of 16,710 shares, the days-to-cover ratio is presently 0.0 days.

Bangkok Bank Public Stock Performance

OTCMKTS BKKLY traded down $0.26 during mid-day trading on Friday, hitting $29.68. The company’s stock had a trading volume of 9,773 shares, compared to its average volume of 10,345. Bangkok Bank Public has a twelve month low of $21.85 and a twelve month high of $31.86. The company’s 50 day simple moving average is $27.14 and its 200 day simple moving average is $27.02.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Bangkok Bank Public to a “hold” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Bangkok Bank Public has a consensus rating of “Hold”.

About Bangkok Bank Public

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.