KBC Group NV (OTCMKTS:KBCSY) Short Interest Up 168.0% in December

KBC Group NV (OTCMKTS:KBCSY) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 26,800 shares, a growth of 168.0% from the December 15th total of 10,000 shares. Based on an average daily volume of 54,200 shares, the short-interest ratio is currently 0.5 days.

KBC Group Price Performance

OTCMKTS KBCSY traded up $0.40 during trading on Wednesday, hitting $37.95. 27,005 shares of the company’s stock traded hands, compared to its average volume of 35,224. The firm has a market cap of $31.69 billion, a P/E ratio of 9.76, a PEG ratio of 1.45 and a beta of 1.12. The stock has a fifty day moving average of $37.39 and a two-hundred day moving average of $37.50. KBC Group has a 12-month low of $30.13 and a 12-month high of $40.32.

KBC Group Increases Dividend

The business also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Wednesday, November 13th were 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 of this dividend was Wednesday, November 13th. KBC Group’s dividend payout ratio (DPR) 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.