KBC Group NV (OTCMKTS:KBCSY) Short Interest Update

KBC Group NV (OTCMKTS:KBCSY - Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 17,600 shares, an increase of 109.5% from the February 13th total of 8,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 44,500 shares, the days-to-cover ratio is presently 0.4 days.

KBC Group Stock Performance

Shares of KBCSY stock traded up $0.25 during mid-day trading on Tuesday, reaching $46.28. The company's stock had a trading volume of 34,248 shares, compared to its average volume of 41,480. KBC Group has a 1-year low of $33.98 and a 1-year high of $47.47. The company has a market cap of $38.65 billion, a P/E ratio of 10.28, a PEG ratio of 1.75 and a beta of 1.10. The firm's 50-day moving average is $41.18 and its two-hundred day moving average is $38.85.

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

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Wall Street Analyst Weigh In

Several equities analysts recently commented on KBCSY shares. Barclays upgraded shares of KBC Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 17th. Morgan Stanley restated an "overweight" rating on shares of KBC Group in a research note on Friday, March 7th.

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.