Short Interest in Bangkok Bank Public Company Limited (OTCMKTS:BKKLY) Drops By 76.9%

Bangkok Bank Public Company Limited (OTCMKTS:BKKLYGet Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 657 shares, a decline of 76.9% from the May 14th total of 2,840 shares. Based on an average trading volume of 15,667 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

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

Read Our Latest Report on BKKLY

Bangkok Bank Public Stock Performance

BKKLY stock opened at $26.69 on Thursday. The business has a 50-day moving average price of $26.26 and a 200 day moving average price of $26.68. Bangkok Bank Public has a 1-year low of $21.05 and a 1-year high of $28.91.

Bangkok Bank Public Company Profile

(Get Free Report)

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.

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