KBC Group NV (OTCMKTS:KBCSY) Sees Large Growth in Short Interest

KBC Group NV (OTCMKTS:KBCSY) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 12,700 shares, an increase of 144.2% from the October 31st total of 5,200 shares. Based on an average trading volume of 62,400 shares, the short-interest ratio is currently 0.2 days.

KBC Group Stock Down 0.1 %

KBCSY traded down $0.03 during trading on Thursday, hitting $35.57. The company had a trading volume of 28,436 shares, compared to its average volume of 29,907. The company has a market capitalization of $29.69 billion, a PE ratio of 9.14, a PEG ratio of 1.36 and a beta of 1.17. The firm’s 50-day moving average price is $37.45 and its 200 day moving average price is $37.10. KBC Group has a one year low of $28.49 and a one year high of $40.32.

KBC Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.3313 per share. This is a positive change from KBC Group’s previous dividend of $0.23. The ex-dividend date is Wednesday, November 13th. KBC Group’s dividend payout ratio is presently 16.20%.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.