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

CaixaBank, S.A. (OTCMKTS:CAIXY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 124,800 shares, an increase of 20.2% from the February 28th total of 103,800 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 787,400 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Several equities research analysts have recently commented on CAIXY shares. Keefe, Bruyette & Woods lowered shares of CaixaBank from a “moderate buy” rating to a “hold” rating in a report on Monday, February 24th. Royal Bank of Canada raised shares of CaixaBank to a “hold” rating in a report on Wednesday, January 15th. Finally, Deutsche Bank Aktiengesellschaft lowered CaixaBank from a “hold” rating to a “sell” rating in a report on Thursday, March 6th.

CaixaBank Stock Performance

OTCMKTS:CAIXY opened at $2.62 on Thursday. The company’s 50-day simple moving average is $2.34 and its 200-day simple moving average is $2.06. CaixaBank has a fifty-two week low of $1.58 and a fifty-two week high of $2.75.

CaixaBank Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Tuesday, April 22nd will be given a $0.0631 dividend. This is a boost from CaixaBank’s previous dividend of $0.03. The ex-dividend date is Tuesday, April 22nd.

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.