Bankinter SA (OTCMKTS:BKNIY) Sees Large Decline in Short Interest

Key Points

• Short interest plunged 71.7% to 12,880 shares as of April 15, leaving a short-interest ratio of 0.2 days and effectively 0.0% of shares short.
• Bankinter's quarter showed EPS $0.36 (in line with estimates) while revenue of $912.33M beat the $795.63M consensus, with a net margin of 23.5% and ROE of 17.69%.
• Despite a Deutsche Bank upgrade to Buy, consensus remains a Hold (1 Buy, 5 Hold, 1 Sell); the stock has a market cap of about $14.6B and a P/E of ~11.6, opening at $16.28 on the latest session.

Bankinter SA (OTCMKTS:BKNIY - Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 12,880 shares, a decrease of 71.7% from the March 31st total of 45,452 shares. Based on an average trading volume of 71,819 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Bankinter Trading Down 0.7%

Shares of Bankinter stock opened at $16.28 on Friday. The company has a market capitalization of $14.63 billion, a price-to-earnings ratio of 11.63 and a beta of -0.14. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.62. Bankinter has a 12-month low of $11.26 and a 12-month high of $17.97. The firm's 50-day moving average price is $16.22 and its two-hundred day moving average price is $16.22.

Bankinter (OTCMKTS:BKNIY - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The bank reported $0.36 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.36. The firm had revenue of $912.33 million for the quarter, compared to the consensus estimate of $795.63 million. Bankinter had a net margin of 23.50% and a return on equity of 17.69%. On average, analysts forecast that Bankinter will post 1.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on BKNIY. Deutsche Bank Aktiengesellschaft upgraded shares of Bankinter from a "hold" rating to a "buy" rating in a research note on Monday, February 23rd. Zacks Research downgraded shares of Bankinter from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

About Bankinter

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.

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