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

CaixaBank, S.A. (OTCMKTS:CAIXY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 185,000 shares, an increase 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 OTCMKTS:CAIXY traded up $0.11 during trading on Tuesday, hitting $2.09. The company had a trading volume of 595,058 shares, compared to its average volume of 282,468. CaixaBank has a one year low of $1.34 and a one year high of $2.75. The company has a fifty day simple moving average of $1.83 and a two-hundred day simple moving average of $1.92.

CaixaBank Cuts Dividend

The firm also recently declared 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.

Analysts Set New Price Targets

A number of equities analysts recently commented on CAIXY shares. Barclays lowered CaixaBank from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st. Royal Bank of Canada raised CaixaBank to a “hold” rating in a research note 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.