Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Grows By 512.6%

CaixaBank, S.A. (OTCMKTS:CAIXY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 185,000 shares, a growth of 512.6% from the December 15th total of 30,200 shares. Based on an average trading volume of 825,000 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of CaixaBank from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st.

CaixaBank Price Performance

OTCMKTS:CAIXY traded up $0.03 on Tuesday, hitting $1.94. The company had a trading volume of 497,652 shares, compared to its average volume of 305,122. The firm has a 50 day moving average of $1.87 and a two-hundred day moving average of $1.91. CaixaBank has a 52 week low of $1.33 and a 52 week high of $2.75.

CaixaBank Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were paid a $0.0328 dividend. The ex-dividend date of this dividend was Tuesday, November 12th.

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.