Short Interest in Bankinter, S.A. (OTCMKTS:BKNIY) Declines By 44.9%

Bankinter, S.A. (OTCMKTS:BKNIY) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 11,400 shares, a drop of 44.9% from the January 31st total of 20,700 shares. Based on an average daily trading volume, of 22,300 shares, the short-interest ratio is presently 0.5 days.

Bankinter Price Performance

Shares of OTCMKTS BKNIY opened at $10.26 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. The company’s 50-day moving average price is $8.85 and its 200 day moving average price is $8.54. Bankinter has a 52 week low of $6.49 and a 52 week high of $11.54. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of 9.16 and a beta of 0.80.

Bankinter (OTCMKTS:BKNIY) last issued its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. As a group, research analysts forecast that Bankinter will post 1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BKNIY. Keefe, Bruyette & Woods downgraded shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.