KBC Group NV (OTCMKTS:KBCSY) Short Interest Update

KBC Group NV (OTCMKTS:KBCSY) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 13,900 shares, an increase of 183.7% from the July 15th total of 4,900 shares. Based on an average daily volume of 43,100 shares, the short-interest ratio is presently 0.3 days.

KBC Group Price Performance

Shares of OTCMKTS:KBCSY traded up $0.57 during midday trading on Tuesday, reaching $36.85. The company’s stock had a trading volume of 26,000 shares, compared to its average volume of 33,075. KBC Group has a fifty-two week low of $26.84 and a fifty-two week high of $38.91. The business’s fifty day simple moving average is $36.28 and its 200-day simple moving average is $36.18. The company has a market capitalization of $30.76 billion, a P/E ratio of 9.35, a P/E/G ratio of 1.22 and a beta of 1.18.

KBC Group (OTCMKTS:KBCSY) last released its quarterly earnings data on Thursday, May 16th. The company reported $0.64 earnings per share for the quarter. The business had revenue of $2.94 billion for the quarter. KBC Group had a return on equity of 12.67% and a net margin of 11.68%. On average, analysts forecast that KBC Group will post 5.7 earnings per share for the current fiscal year.

KBC Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 13th. Shareholders of record on Tuesday, May 28th were issued a $0.2337 dividend. The ex-dividend date was Friday, May 24th. KBC Group’s dividend payout ratio is 43.81%.

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 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.