CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Short Interest Update

Key Points

• CaixaBank's short interest increased significantly by 265.7% in September, rising to a total of 256,000 shares as of September 30th.
• The stock of CaixaBank traded down 3.2% to reach $3.36, with a twelve-month range between $1.71 and $3.53.
• Analysts have mixed ratings for CaixaBank, with one Buy, four Hold, and one Sell rating, resulting in an overall consensus rating of "Hold."

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 256,000 shares, an increase of 265.7% from the September 15th total of 70,000 shares. Based on an average trading volume of 713,300 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 713,300 shares, the days-to-cover ratio is currently 0.4 days.

CaixaBank Stock Down 3.2%

CAIXY stock traded down $0.11 during trading on Friday, reaching $3.36. 427,400 shares of the stock were exchanged, compared to its average volume of 336,011. CaixaBank has a twelve month low of $1.71 and a twelve month high of $3.53. The stock has a 50 day simple moving average of $3.38 and a 200-day simple moving average of $2.98.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on CAIXY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating on shares of CaixaBank in a research report on Friday, August 8th. The Goldman Sachs Group upgraded shares of CaixaBank from a "sell" rating to a "hold" rating in a research note on Wednesday, September 24th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

CaixaBank Company Profile

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.

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