Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Update

Bankinter, S.A. (OTCMKTS:BKNIY) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 20,700 shares, an increase of 1,970.0% from the January 15th total of 1,000 shares. Based on an average daily trading volume, of 70,500 shares, the days-to-cover ratio is currently 0.3 days.

Bankinter Price Performance

OTCMKTS BKNIY traded up $0.08 during mid-day trading on Friday, hitting $9.57. The company’s stock had a trading volume of 15,611 shares, compared to its average volume of 27,695. The company’s 50 day simple moving average is $8.34 and its 200 day simple moving average is $8.39. Bankinter has a twelve month low of $5.96 and a twelve month high of $11.54. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04.

Bankinter (OTCMKTS:BKNIY) last released its earnings results on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. As a group, research analysts expect that Bankinter will post 0.99 EPS for the current fiscal year.

Bankinter Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were issued a dividend of $0.2514 per share. The ex-dividend date was Tuesday, December 3rd. This is a positive change from Bankinter’s previous dividend of $0.10. Bankinter’s payout ratio is presently 89.29%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Keefe, Bruyette & Woods downgraded shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd. Royal Bank of Canada raised shares of Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th.

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.