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

CaixaBank, S.A. (OTCMKTS:CAIXY) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 300,000 shares, a growth of 37.4% from the January 31st total of 218,300 shares. Based on an average daily trading volume, of 865,500 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CAIXY. Keefe, Bruyette & Woods downgraded CaixaBank from a “moderate buy” rating to a “hold” rating in a report on Monday, February 24th. Royal Bank of Canada upgraded CaixaBank to a “hold” rating in a report on Wednesday, January 15th.

CaixaBank Stock Up 5.0 %

Shares of OTCMKTS:CAIXY opened at $2.50 on Thursday. CaixaBank has a fifty-two week low of $1.55 and a fifty-two week high of $2.75. The business has a 50-day moving average of $2.04 and a two-hundred day moving average of $1.98.

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.