Short Interest in KBC Group NV (OTCMKTS:KBCSY) Rises By 10.7%

KBC Group NV (OTCMKTS:KBCSY - Get Free Report) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 6,200 shares, a growth of 10.7% from the January 15th total of 5,600 shares. Based on an average daily volume of 192,900 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Barclays upgraded KBC Group from a "hold" rating to a "strong-buy" rating in a research report on Monday.

KBC Group Price Performance

OTCMKTS:KBCSY traded up $0.17 during trading hours on Thursday, reaching $42.56. 21,233 shares of the stock were exchanged, compared to its average volume of 51,028. KBC Group has a twelve month low of $33.68 and a twelve month high of $43.25. The firm has a 50 day moving average of $38.86 and a 200 day moving average of $37.94. The stock has a market cap of $35.54 billion, a PE ratio of 9.46, a PEG ratio of 1.77 and a beta of 1.12.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $1.47 earnings per share for the quarter, topping analysts' consensus estimates of $1.26 by $0.21. The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.96 billion. KBC Group had a return on equity of 14.40% and a net margin of 13.32%. Equities research analysts anticipate that KBC Group will post 4.28 earnings per share for the current year.

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.