Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Update

Bankinter, S.A. (OTCMKTS:BKNIY) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 176,900 shares, an increase of 1,210.4% from the February 28th total of 13,500 shares. Based on an average daily trading volume, of 80,100 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.0% of the company’s shares are sold short.

Bankinter Stock Up 0.8 %

Bankinter stock opened at $11.50 on Friday. Bankinter has a 12 month low of $7.20 and a 12 month high of $11.91. The stock has a market capitalization of $10.33 billion, a PE ratio of 10.26 and a beta of 0.73. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04. The business has a 50 day simple moving average of $10.01 and a 200-day simple moving average of $8.84.

Bankinter (OTCMKTS:BKNIY) last announced its earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. On average, analysts anticipate that Bankinter will post 1 EPS for the current fiscal year.

Bankinter Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, April 14th. Stockholders of record on Wednesday, April 2nd will be paid a $0.1084 dividend. The ex-dividend date is Wednesday, April 2nd. Bankinter’s dividend payout ratio is presently 28.57%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on BKNIY shares. Royal Bank of Canada raised shares of Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bankinter in a report on Thursday, March 6th.

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.