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

KBC Group NV (OTCMKTS:KBCSY - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 5,200 shares, an increase of 1,633.3% from the April 15th total of 300 shares. Based on an average daily volume of 32,800 shares, the short-interest ratio is currently 0.2 days.

KBC Group Stock Performance

Shares of KBC Group stock traded up $0.19 during trading hours on Friday, hitting $38.53. The company's stock had a trading volume of 14,676 shares, compared to its average volume of 34,843. KBC Group has a twelve month low of $26.84 and a twelve month high of $38.59. The firm has a fifty day moving average of $37.24 and a 200-day moving average of $33.20. The stock has a market cap of $32.15 billion, a price-to-earnings ratio of 8.79, a P/E/G ratio of 1.90 and a beta of 1.17.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.86 EPS for the quarter. KBC Group had a return on equity of 14.44% and a net margin of 13.46%. The business had revenue of $2.88 billion for the quarter. On average, sell-side analysts expect that KBC Group will post 3.78 earnings per share for the current fiscal year.

KBC Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 30th. Investors of record on Tuesday, May 14th will be paid a dividend of $1.1215 per share. This is a positive change from KBC Group's previous dividend of $0.33. The ex-dividend date of this dividend is Monday, May 13th. KBC Group's dividend payout ratio is presently 51.38%.

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.

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