Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Expands By 37.4%

CaixaBank, S.A. (OTCMKTS:CAIXY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 300,000 shares, an increase of 37.4% from the January 31st total of 218,300 shares. Based on an average daily volume of 865,500 shares, the short-interest ratio is currently 0.3 days.

CaixaBank Stock Performance

Shares of CaixaBank stock opened at $2.41 on Tuesday. The stock’s fifty day moving average price is $2.01 and its 200-day moving average price is $1.97. CaixaBank has a 12 month low of $1.51 and a 12 month high of $2.75.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada upgraded shares of CaixaBank to a “hold” rating in a report on Wednesday, January 15th. Keefe, Bruyette & Woods downgraded shares of CaixaBank from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 24th.

CaixaBank Company Profile

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.