KBC Group NV (OTCMKTS:KBCSY - Get Free Report) was the target of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 9,300 shares, a decrease of 26.8% from the November 15th total of 12,700 shares. Based on an average daily trading volume, of 72,000 shares, the short-interest ratio is presently 0.1 days.
KBC Group Price Performance
KBCSY traded up $1.09 during midday trading on Friday, reaching $38.33. 23,924 shares of the company's stock traded hands, compared to its average volume of 29,851. KBC Group has a 52 week low of $30.13 and a 52 week high of $40.32. The stock has a market capitalization of $31.99 billion, a price-to-earnings ratio of 9.57, a P/E/G ratio of 1.40 and a beta of 1.15. The firm has a fifty day moving average of $36.89 and a two-hundred day moving average of $37.06.
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. The ex-dividend date of this dividend was Wednesday, November 13th. This is a boost from KBC Group's previous dividend of $0.23. KBC Group's payout ratio is currently 16.20%.
About KBC Group
(
Get Free Report)
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.
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