Bankinter, S.A. (OTCMKTS:BKNIY) Sees Significant Increase in Short Interest

Bankinter, S.A. (OTCMKTS:BKNIY) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 20,700 shares, a growth of 1,970.0% from the January 15th total of 1,000 shares. Based on an average daily trading volume, of 70,500 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

A number of research firms recently commented on BKNIY. Keefe, Bruyette & Woods lowered Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd. Royal Bank of Canada raised shares of Bankinter to a “moderate buy” rating in a research note on Thursday, January 16th.

Bankinter Trading Down 0.7 %

Shares of BKNIY stock traded down $0.06 during trading hours on Wednesday, hitting $9.09. 10,956 shares of the company were exchanged, compared to its average volume of 27,695. Bankinter has a 1 year low of $5.96 and a 1 year high of $11.54. The firm has a fifty day moving average of $8.31 and a 200 day moving average of $8.38. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52.

Bankinter (OTCMKTS:BKNIY) last announced its quarterly earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share for the quarter, beating 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, equities research analysts predict that Bankinter will post 0.99 earnings per share for the current fiscal year.

Bankinter Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.2514 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a positive change from Bankinter’s previous dividend of $0.10. Bankinter’s dividend payout ratio is currently 89.29%.

About Bankinter

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.