CaixaBank, S.A. (OTCMKTS:CAIXY) Short Interest Up 512.6% in December

by · The Cerbat Gem

CaixaBank, S.A. (OTCMKTS:CAIXYGet Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 185,000 shares, an increase of 512.6% from the December 15th total of 30,200 shares. Based on an average daily trading volume, of 825,000 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Barclays lowered CaixaBank from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st.

Get Our Latest Analysis on CaixaBank

CaixaBank Stock Up 1.0 %

OTCMKTS:CAIXY traded up $0.02 during trading hours on Wednesday, hitting $1.96. 444,674 shares of the company’s stock traded hands, compared to its average volume of 322,559. CaixaBank has a twelve month low of $1.33 and a twelve month high of $2.75. The stock’s fifty day moving average price is $1.85 and its two-hundred day moving average price is $1.91.

CaixaBank Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th were paid a dividend of $0.0328 per share. The ex-dividend date was Tuesday, November 12th.

About CaixaBank

(Get Free Report)

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.

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