KBC Group NV (OTCMKTS:KBCSY) Sees Large Increase in Short Interest

KBC Group NV (OTCMKTS:KBCSY - Get Free Report) was the recipient of a significant growth in short interest in 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 presently 0.5 days.

KBC Group Trading Up 1.9 %

KBCSY traded up $0.70 during trading hours on Tuesday, hitting $37.55. 43,681 shares of the company's stock were exchanged, compared to its average volume of 36,144. KBC Group has a 12-month low of $30.13 and a 12-month high of $40.32. The firm has a market cap of $31.36 billion, a P/E ratio of 9.65, a price-to-earnings-growth ratio of 1.45 and a beta of 1.12. The firm has a 50 day moving average of $37.39 and a 200 day moving average of $37.50.

KBC Group Increases Dividend

The business 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. The ex-dividend date was Wednesday, November 13th. This is a boost from KBC Group's previous dividend of $0.23. KBC Group's dividend payout ratio (DPR) is presently 16.20%.

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.