Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Increases By 321.4%

CaixaBank, S.A. (OTCMKTS:CAIXY) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 218,300 shares, an increase of 321.4% from the January 15th total of 51,800 shares. Based on an average trading volume of 450,200 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Royal Bank of Canada upgraded shares of CaixaBank to a “hold” rating in a research note on Wednesday, January 15th. Barclays lowered shares of CaixaBank from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st.

CaixaBank Stock Performance

Shares of OTCMKTS:CAIXY traded up $0.04 during trading on Thursday, reaching $2.18. The stock had a trading volume of 228,563 shares, compared to its average volume of 266,781. CaixaBank has a 1-year low of $1.37 and a 1-year high of $2.75. The business has a fifty day moving average price of $1.89 and a 200-day moving average price of $1.93.

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.