Short Interest in KBC Group NV (OTCMKTS:KBCSF) Expands By 61.7%

KBC Group NV (OTCMKTS:KBCSF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 88,800 shares, an increase of 61.7% from the October 15th total of 54,900 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 88.8 days.

KBC Group Price Performance

Shares of KBCSF opened at $72.40 on Friday. KBC Group has a 12 month low of $55.99 and a 12 month high of $79.14. The stock’s 50 day moving average is $75.24 and its two-hundred day moving average is $73.95.

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.