Bankinter, S.A. (OTCMKTS:BKNIY) Sees Significant Decrease in Short Interest

Bankinter, S.A. (OTCMKTS:BKNIY) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 700 shares, a drop of 85.1% from the November 30th total of 4,700 shares. Based on an average daily trading volume, of 61,900 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods downgraded Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd.

Bankinter Trading Down 0.4 %

OTCMKTS BKNIY traded down $0.01 during trading on Thursday, reaching $7.66. The company’s stock had a trading volume of 14,381 shares, compared to its average volume of 39,843. The business’s fifty day moving average price is $8.03 and its 200-day moving average price is $8.36. Bankinter has a twelve month low of $5.81 and a twelve month high of $9.25.

Bankinter Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.2514 per share. The ex-dividend date was Tuesday, December 3rd. This is an increase from Bankinter’s previous dividend of $0.10.

About Bankinter

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.