CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Sees Significant Growth in Short Interest

Key Points

• CaixaBank experienced a significant increase of 34.9% in short interest in August, rising to 129,900 shares from 96,300 shares.
• The stock is currently rated as a "Hold" by analysts, with one Buy, three Hold, and one Sell rating.
• On the trading day reported, CaixaBank shares opened at $3.39, marking a 1-year high of $3.49 and a low of $1.71.

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 129,900 shares, a growth of 34.9% from the August 15th total of 96,300 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 637,200 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 637,200 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company's stock are short sold.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating on shares of CaixaBank in a research note on Friday, August 8th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, CaixaBank has an average rating of "Hold".

CaixaBank Stock Performance

OTCMKTS CAIXY traded up $0.06 on Friday, reaching $3.40. The company's stock had a trading volume of 807,016 shares, compared to its average volume of 353,851. The business has a 50-day moving average price of $3.23 and a 200 day moving average price of $2.87. CaixaBank has a 52 week low of $1.71 and a 52 week high of $3.49.

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.