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

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) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 115,000 shares, adeclineof41.8% from the July 15th total of 197,700 shares. Approximately0.0% of the shares of the stock are sold short. Based on an average daily volume of 898,400 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 898,400 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are sold short.

CaixaBank Stock Performance

Shares of CAIXY stock remained flat at $3.40 during trading on Friday. 378,126 shares of the company traded hands, compared to its average volume of 353,065. The business's fifty day moving average is $3.04 and its 200-day moving average is $2.71. CaixaBank has a twelve month low of $1.71 and a twelve month high of $3.45.

Wall Street Analyst Weigh In

CAIXY has been the subject of several recent analyst reports. Citigroup reiterated a "buy" rating on shares of CaixaBank in a report on Wednesday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a "sell" rating on shares of CaixaBank in a report 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's stock. Based on data from MarketBeat.com, CaixaBank 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.