Short Interest in Unicaja Banco, S.A. (OTCMKTS:UNJCF) Drops By 68.7%

Unicaja Banco, S.A. (OTCMKTS:UNJCF) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 2,112,533 shares, a decrease of 68.7% from the June 15th total of 6,743,189 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Unicaja Banco Price Performance

OTCMKTS UNJCF opened at $3.05 on Tuesday. The firm has a 50-day moving average price of $3.05 and a two-hundred day moving average price of $3.05. Unicaja Banco has a 12-month low of $2.23 and a 12-month high of $3.05.

Analyst Upgrades and Downgrades

UNJCF has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Unicaja Banco in a research report on Friday, May 22nd. Citigroup reiterated a “neutral” rating on shares of Unicaja Banco in a research note on Monday, July 6th. Barclays downgraded Unicaja Banco from an “equal weight” rating to an “underweight” rating in a research note on Tuesday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Unicaja Banco in a report on Thursday, July 2nd. Two research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Strong Sell”.

About Unicaja Banco

Unicaja Banco is a Spanish commercial bank offering a broad range of financial services to retail, corporate and public sector clients. Traded on the OTC market under the symbol UNJCF, the bank provides deposit accounts, consumer and mortgage loans, payment and cash management solutions, wealth and asset management services, insurance products and digital banking platforms.

The institution traces its roots to a group of savings banks in Andalusia that merged to form Caja de Ahorros de Málaga, Almería, Jaén y Córdoba in the early 1990s.