KBC Group NV (OTCMKTS:KBCSF) Sees Significant Increase in Short Interest

KBC Group NV (OTCMKTS:KBCSF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 183,800 shares, a growth of 107.0% from the October 31st total of 88,800 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 612.7 days.

KBC Group Price Performance

KBCSF stock traded down $1.85 during mid-day trading on Thursday, reaching $70.90. 1,151 shares of the stock traded hands, compared to its average volume of 475. KBC Group has a 52-week low of $56.33 and a 52-week high of $79.14. The stock’s fifty day moving average is $75.29 and its 200-day moving average is $73.80.

About KBC Group

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 provides 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.