Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Expands By 38.9%

CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 168,300 shares, an increase of 38.9% from the April 30th total of 121,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 418,300 shares, the days-to-cover ratio is currently 0.4 days.

CaixaBank Stock Performance

Shares of CAIXY traded down $0.07 during trading hours on Tuesday, hitting $2.80. 396,132 shares of the company were exchanged, compared to its average volume of 335,689. The firm has a fifty day simple moving average of $2.60 and a 200-day simple moving average of $2.25. CaixaBank has a one year low of $1.67 and a one year high of $2.93.

CaixaBank Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 9th. Stockholders of record on Tuesday, April 22nd were paid a dividend of $0.0631 per share. The ex-dividend date was Tuesday, April 22nd. This is a positive change from CaixaBank's previous dividend of $0.03.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CAIXY shares. Deutsche Bank Aktiengesellschaft reiterated a "sell" rating on shares of CaixaBank in a research report on Thursday, May 22nd. Citigroup reissued a "buy" rating on shares of CaixaBank in a report on Wednesday, May 14th. Finally, Keefe, Bruyette & Woods downgraded shares of CaixaBank from a "moderate buy" rating to a "hold" rating in a report on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, CaixaBank presently has an average rating of "Hold".

About CaixaBank

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.