Short Interest in Bankinter SA (OTCMKTS:BKNIY) Increases By 781.7%

Bankinter SA (OTCMKTS:BKNIY) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 221,614 shares, a growth of 781.7% from the July 30th total of 25,135 shares. Based on an average trading volume of 108,594 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.0% of the company’s stock are sold short.

Bankinter Stock Performance

OTCMKTS:BKNIY opened at $19.54 on Wednesday. The company has a market capitalization of $17.56 billion, a P/E ratio of 13.38 and a beta of -0.17. The stock’s 50 day moving average price is $18.09 and its 200 day moving average price is $16.95. Bankinter has a 52 week low of $14.53 and a 52 week high of $20.07.

Bankinter (OTCMKTS:BKNIY) last posted its earnings results on Thursday, July 23rd. The bank reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The firm had revenue of $936.89 million during the quarter, compared to analysts’ expectations of $909.46 million. Bankinter had a net margin of 24.27% and a return on equity of 18.20%. As a group, sell-side analysts forecast that Bankinter will post 1.49 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Bankinter in a report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Bankinter Company Profile

Bankinter, SA (OTCMKTS: BKNIY) is a Spanish commercial bank headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, it has grown into one of the country’s leading financial institutions, serving both individual and corporate clients. The bank is publicly traded on the Bolsa de Madrid and operates under a universal banking model, combining traditional branch networks with advanced digital platforms.

In its retail banking segment, Bankinter offers a broad array of deposit accounts, consumer loans, mortgages and credit cards, alongside digital banking services designed to simplify everyday transactions.