Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Expands By 20.2%

CaixaBank, S.A. (OTCMKTS:CAIXY) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 124,800 shares, a growth of 20.2% from the February 28th total of 103,800 shares. Based on an average daily trading volume, of 787,400 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

CaixaBank Trading Up 0.4 %

OTCMKTS:CAIXY opened at $2.62 on Thursday. The company’s fifty day moving average price is $2.34 and its 200-day moving average price is $2.06. CaixaBank has a 1-year low of $1.58 and a 1-year high of $2.75.

CaixaBank Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 9th. Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.0631 per share. This is an increase from CaixaBank’s previous dividend of $0.03. The ex-dividend date of this dividend is Tuesday, April 22nd.

Analyst Ratings Changes

CAIXY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft downgraded CaixaBank from a “hold” rating to a “sell” rating in a research report on Thursday, March 6th. Royal Bank of Canada raised CaixaBank to a “hold” rating in a report on Wednesday, January 15th. Finally, Keefe, Bruyette & Woods downgraded CaixaBank from a “moderate buy” rating to a “hold” rating in a report on Monday, February 24th.

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.