CaixaBank, S.A. (OTCMKTS:CAIXY) Short Interest Update

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

CaixaBank Stock Up 3.4 %

CaixaBank stock traded up $0.07 during mid-day trading on Wednesday, hitting $2.14. 237,811 shares of the stock were exchanged, compared to its average volume of 266,781. CaixaBank has a 12 month low of $1.36 and a 12 month high of $2.75. The firm’s fifty day simple moving average is $1.87 and its two-hundred day simple moving average is $1.93.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Royal Bank of Canada upgraded shares of CaixaBank to a “hold” rating in a research report on Wednesday, January 15th. Barclays downgraded CaixaBank from a “strong-buy” rating to a “hold” rating in a report on Monday, October 21st.

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.