Bankinter, S.A. (OTCMKTS:BKNIY) Sees Large Growth in Short Interest

Bankinter, S.A. (OTCMKTS:BKNIY - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 26,300 shares, a growth of 436.7% from the March 31st total of 4,900 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 774,200 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BKNIY. Royal Bank of Canada raised Bankinter to a "moderate buy" rating in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Bankinter in a research note on Thursday, March 6th. Finally, Barclays restated an "underweight" rating on shares of Bankinter in a research note on Monday, April 14th.

Bankinter Stock Performance

Shares of OTCMKTS:BKNIY traded up $0.19 during trading hours on Friday, hitting $11.82. The stock had a trading volume of 10,628 shares, compared to its average volume of 71,666. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04. Bankinter has a 1-year low of $7.41 and a 1-year high of $12.10. The stock's fifty day simple moving average is $10.95 and its 200 day simple moving average is $9.26. The firm has a market capitalization of $10.62 billion, a price-to-earnings ratio of 10.55 and a beta of 0.35.

Bankinter Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, April 14th. Investors of record on Wednesday, April 2nd were given a $0.1084 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. Bankinter's dividend payout ratio is presently 29.46%.

Bankinter Company Profile

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.