Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Rises By 512.6%

CaixaBank, S.A. (OTCMKTS:CAIXY) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 185,000 shares, a growth of 512.6% from the December 31st total of 30,200 shares. Based on an average daily trading volume, of 825,000 shares, the short-interest ratio is currently 0.2 days.

CaixaBank Price Performance

Shares of CAIXY opened at $2.09 on Wednesday. CaixaBank has a 1-year low of $1.34 and a 1-year high of $2.75. The firm has a fifty day moving average price of $1.83 and a 200 day moving average price of $1.92.

CaixaBank Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th were issued a $0.0328 dividend. The ex-dividend date of this dividend was Tuesday, November 12th.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CAIXY. Barclays lowered CaixaBank from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st. Royal Bank of Canada raised shares of CaixaBank to a “hold” rating in a report on Wednesday, January 15th.

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.