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

CaixaBank, S.A. (OTCMKTS:CAIXY) saw a large growth in short interest in 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 volume of 825,000 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CAIXY. Royal Bank of Canada upgraded CaixaBank to a “hold” rating in a report on Wednesday, January 15th. Barclays cut CaixaBank from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st.

CaixaBank Stock Up 5.6 %

Shares of CaixaBank stock traded up $0.11 during trading on Tuesday, reaching $2.09. The company’s stock had a trading volume of 595,058 shares, compared to its average volume of 282,468. CaixaBank has a 1-year low of $1.34 and a 1-year high of $2.75. The company has a 50-day simple moving average of $1.83 and a two-hundred day simple moving average of $1.92.

CaixaBank Cuts Dividend

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

About CaixaBank

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.