CaixaBank, S.A. (OTCMKTS:CAIXY) Sees Significant Decline in Short Interest

CaixaBank, S.A. (OTCMKTS:CAIXY) was the target of a large drop in short interest in August. As of August 15th, there was short interest totalling 11,200 shares, a drop of 69.6% from the July 31st total of 36,900 shares. Based on an average trading volume of 308,400 shares, the days-to-cover ratio is presently 0.0 days.

CaixaBank Stock Performance

Shares of CAIXY traded up $0.04 during midday trading on Wednesday, hitting $2.02. The stock had a trading volume of 58,201 shares, compared to its average volume of 83,915. The business has a 50-day simple moving average of $1.86 and a two-hundred day simple moving average of $1.76. CaixaBank has a fifty-two week low of $1.21 and a fifty-two week high of $2.36.

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.