KBC Group NV (OTCMKTS:KBCSY) Short Interest Up 144.2% in November

KBC Group NV (OTCMKTS:KBCSY) saw a large increase in short interest in 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 days-to-cover ratio is currently 0.2 days.

KBC Group Stock Performance

Shares of KBCSY stock opened at $36.06 on Friday. The company has a market capitalization of $30.10 billion, a price-to-earnings ratio of 9.27, a PEG ratio of 1.34 and a beta of 1.17. The stock’s 50 day simple moving average is $37.30 and its 200 day simple moving average is $37.08. KBC Group has a twelve month low of $28.60 and a twelve month high of $40.32.

KBC Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th were paid a $0.3313 dividend. This is a boost from KBC Group’s previous dividend of $0.23. The ex-dividend date of this dividend was Wednesday, November 13th. KBC Group’s payout ratio is presently 16.45%.

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.