Short Interest in Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Declines By 9.2%

Joint Stock Company Kaspi.kz (NASDAQ:KSPI – Get Free Report) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,080,000 shares, a decline of 9.2% from the August 15th total of 1,190,000 shares. Based on an average daily trading volume, of 225,500 shares, the [...]

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Joint Stock Company Kaspi.kz ( NASDAQ:KSPI – Get Free Report ) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,080,000 shares, a decline of 9.

2% from the August 15th total of 1,190,000 shares. Based on an average daily trading volume, of 225,500 shares, the days-to-cover ratio is currently 4.8 days.



Joint Stock Company Kaspi.kz Stock Performance Shares of NASDAQ KSPI opened at $119.01 on Thursday.

The firm has a 50 day moving average price of $126.92 and a 200 day moving average price of $123.58.

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 0.

96. Joint Stock Company Kaspi.kz has a 52-week low of $85.

02 and a 52-week high of $143.72. Joint Stock Company Kaspi.

kz ( NASDAQ:KSPI – Get Free Report ) last issued its quarterly earnings data on Thursday, August 1st. The company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.

82 by ($0.61). The company had revenue of $966.

37 million for the quarter, compared to analysts’ expectations of $1.26 billion. On average, sell-side analysts forecast that Joint Stock Company Kaspi.

kz will post 11.32 EPS for the current year. Joint Stock Company Kaspi.

kz Cuts Dividend Wall Street Analyst Weigh In Separately, JPMorgan Chase & Co. lifted their price target on shares of Joint Stock Company Kaspi.kz from $159.

00 to $183.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 20th. Get Our Latest Stock Report on Joint Stock Company Kaspi.

kz Institutional Inflows and Outflows A number of institutional investors have recently bought and sold shares of KSPI. Baillie Gifford & Co. lifted its stake in Joint Stock Company Kaspi.

kz by 191.5% in the second quarter. Baillie Gifford & Co.

now owns 3,343,859 shares of the company’s stock valued at $431,391,000 after buying an additional 2,196,646 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. bought a new position in Joint Stock Company Kaspi.

kz in the first quarter valued at approximately $64,051,000. Nikko Asset Management Americas Inc. bought a new position in Joint Stock Company Kaspi.

kz in the first quarter valued at approximately $64,051,000. Russell Investments Group Ltd. bought a new position in Joint Stock Company Kaspi.

kz in the first quarter valued at approximately $19,063,000. Finally, Driehaus Capital Management LLC lifted its stake in Joint Stock Company Kaspi.kz by 6.

8% in the second quarter. Driehaus Capital Management LLC now owns 22,011 shares of the company’s stock valued at $2,840,000 after buying an additional 1,400 shares in the last quarter. Institutional investors and hedge funds own 0.

09% of the company’s stock. About Joint Stock Company Kaspi.kz ( Get Free Report ) Joint Stock Company Kaspi.

kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.

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