Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Rises By 50.2%

CaixaBank, S.A. (OTCMKTS:CAIXY) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 30,200 shares, an increase of 50.2% from the November 30th total of 20,100 shares. Based on an average daily trading volume, of 660,500 shares, the short-interest ratio is presently 0.0 days.

CaixaBank Stock Up -0.7 %

Shares of OTCMKTS:CAIXY traded up $0.03 on Friday, hitting $1.77. The stock had a trading volume of 289,360 shares, compared to its average volume of 127,764. The firm’s 50 day moving average price is $1.91 and its 200-day moving average price is $1.91. CaixaBank has a twelve month low of $1.33 and a twelve month high of $2.75.

CaixaBank Cuts Dividend

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

Analyst Upgrades and Downgrades

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

CaixaBank Company Profile

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.