CaixaBank, S.A. (OTCMKTS:CAIXY) Short Interest Up 512.6% in December

CaixaBank, S.A. (OTCMKTS:CAIXY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 185,000 shares, an increase of 512.6% from the December 15th total of 30,200 shares. Based on an average daily trading volume, of 825,000 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Barclays cut CaixaBank from a “strong-buy” rating to a “hold” rating in a report on Monday, October 21st.

CaixaBank Stock Up 1.0 %

CAIXY traded up $0.02 during mid-day trading on Wednesday, reaching $1.96. The stock had a trading volume of 444,674 shares, compared to its average volume of 322,559. The firm’s fifty day simple moving average is $1.85 and its two-hundred day simple moving average is $1.91. CaixaBank has a 52 week low of $1.33 and a 52 week high of $2.75.

CaixaBank Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were given a $0.0328 dividend. The ex-dividend date of this dividend was Tuesday, November 12th.

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.