CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Short Interest Down 41.8% in July

Key Points

• Short interest in CaixaBank, S.A. Unsponsored ADR fell by 41.8% in July, decreasing from 197,700 shares to 115,000 shares.
• As of Monday, CaixaBank's stock opened at $3.41, showing a modest increase of 0.6%.
• Analyst ratings for CaixaBank include one sell, three holds, and one buy, with an overall average rating of "Hold" according to MarketBeat.

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 115,000 shares, adropof41.8% from the July 15th total of 197,700 shares. Based on an average daily volume of 898,400 shares, the short-interest ratio is currently 0.1 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily volume of 898,400 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

A number of research analysts have recently weighed in on CAIXY shares. Deutsche Bank Aktiengesellschaft reissued a "sell" rating on shares of CaixaBank in a research note on Friday, August 8th. Citigroup reissued a "buy" rating on shares of CaixaBank in a research note on Wednesday, May 14th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold".

CaixaBank Stock Performance

OTCMKTS CAIXY remained flat at $3.40 during mid-day trading on Friday. 356,945 shares of the company were exchanged, compared to its average volume of 340,448. CaixaBank has a 1 year low of $1.71 and a 1 year high of $3.45. The firm's fifty day simple moving average is $3.03 and its two-hundred day simple moving average is $2.70.

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.