Unicaja Banco, S.A. (OTCMKTS:UNJCF) Short Interest Up 201.4% in May

Unicaja Banco, S.A. (OTCMKTS:UNJCF) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 5,650,320 shares, an increase of 201.4% from the May 14th total of 1,874,817 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Ratings Changes

A number of research firms have weighed in on UNJCF. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Unicaja Banco in a research note on Friday, May 22nd. Citigroup reaffirmed a “neutral” rating on shares of Unicaja Banco in a research note on Friday, April 17th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Unicaja Banco in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Unicaja Banco currently has a consensus rating of “Strong Sell”.

Unicaja Banco Price Performance

Shares of UNJCF stock opened at $3.05 on Friday. Unicaja Banco has a 1-year low of $2.23 and a 1-year high of $3.05. The firm has a fifty day moving average of $3.05 and a two-hundred day moving average of $3.01.

Unicaja Banco Company Profile

Unicaja Banco is a Spanish commercial bank offering a broad range of financial services to retail, corporate and public sector clients. Traded on the OTC market under the symbol UNJCF, the bank provides deposit accounts, consumer and mortgage loans, payment and cash management solutions, wealth and asset management services, insurance products and digital banking platforms.

The institution traces its roots to a group of savings banks in Andalusia that merged to form Caja de Ahorros de Málaga, Almería, Jaén y Córdoba in the early 1990s.