CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Short Interest Update

by · The Cerbat Gem

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY – Get Free Report) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 112,119 shares, a drop of 67.9% from the November 30th total of 349,135 shares. Based on an average daily volume of 610,088 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 610,088 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

CAIXY has been the subject of a number of analyst reports. The Goldman Sachs Group upgraded CaixaBank from a “sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of CaixaBank in a research note on Monday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of CaixaBank in a research note on Thursday, December 4th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on CAIXY

CaixaBank Stock Down 0.2%

OTCMKTS CAIXY opened at $4.05 on Friday. CaixaBank has a twelve month low of $1.73 and a twelve month high of $4.25. The business has a 50-day moving average price of $3.67 and a 200-day moving average price of $3.35.

About CaixaBank

(Get Free Report)

CaixaBank (OTCMKTS: CAIXY) is a major Spanish banking group that provides a broad range of financial products and services to retail, corporate and institutional clients. The company’s operations encompass traditional banking activities such as deposit-taking, consumer and mortgage lending, payment and card services, and corporate banking, alongside wealth management, private banking, insurance and asset-management businesses. CaixaBank also offers investment-banking-related services and specialized financing solutions including leasing, factoring and trade finance through its group structure and subsidiaries.

The bank traces its origins to the Catalan savings bank “la Caixa” and has evolved into a commercial banking group through organic growth and strategic acquisitions.

See Also