CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Stock Short Interest Report for October

Key Points

• CaixaBank’s short interest fell 43.0% to 54,880 shares as of October 15, down from 96,285 shares at the end of September. Short interest represented 0.0% of shares, with a short-interest ratio of 0.1 days.
• CAIXY shares opened at $4.12, up 0.5%, compared with a 12-month range of $3.41 to $5.21. The stock’s 50-day and 200-day moving averages were $4.71 and $4.43, respectively.
• Analyst views were mixed: three analysts rated the stock Buy, two Hold and one Sell, resulting in an overall “Hold” consensus rating.

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 54,880 shares, a decrease of 43.0% from the September 30th total of 96,285 shares. Based on an average trading volume of 838,875 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's shares are short sold.

CaixaBank Trading Up 0.5%

Shares of OTCMKTS CAIXY opened at $4.12 on Friday. The stock has a 50 day moving average of $4.71 and a two-hundred day moving average of $4.43. CaixaBank has a twelve month low of $3.41 and a twelve month high of $5.21.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Citigroup reiterated a "buy" rating on shares of CaixaBank in a report on Monday, October 5th. Keefe, Bruyette & Woods cut shares of CaixaBank from a "hold" rating to a "moderate sell" rating in a report on Monday, August 17th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of CaixaBank in a research note on Tuesday, August 4th. Finally, UBS Group upgraded shares of CaixaBank from a "hold" rating to a "buy" rating in a report on Wednesday, September 23rd. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".

CaixaBank Company Profile

CaixaBank, SA is a Spanish financial services group that provides banking and related financial products to individuals, businesses, institutions and public-sector customers. Its services include current and savings accounts, consumer and residential lending, credit and debit cards, payment solutions, mortgages, corporate financing and investment banking.

The company also operates through businesses covering wealth management, asset management, insurance and pension products. CaixaBank distributes many of these services through a combination of branches, digital banking channels and specialized platforms, serving customers primarily in Spain and, through its Banco BPI subsidiary, in Portugal.

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