Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Declines By 17.3%

CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 103,200 shares, a decline of 17.3% from the March 15th total of 124,800 shares. Based on an average daily trading volume, of 898,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CAIXY shares. Keefe, Bruyette & Woods lowered shares of CaixaBank from a "moderate buy" rating to a "hold" rating in a research note on Monday, February 24th. Royal Bank of Canada raised shares of CaixaBank to a "hold" rating in a research report on Wednesday, January 15th. Finally, Deutsche Bank Aktiengesellschaft lowered CaixaBank from a "hold" rating to a "sell" rating in a report on Thursday, March 6th.

CaixaBank Trading Down 0.8 %

Shares of OTCMKTS:CAIXY traded down $0.02 during trading on Friday, reaching $2.46. The company had a trading volume of 309,431 shares, compared to its average volume of 377,919. The firm's fifty day moving average is $2.46 and its 200 day moving average is $2.12. CaixaBank has a twelve month low of $1.65 and a twelve month high of $2.75.

CaixaBank Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Tuesday, April 22nd will be paid a $0.0631 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a boost from CaixaBank's previous dividend of $0.03.

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.