Bankinter, S.A. (OTCMKTS:BKNIY) Sees Large Drop in Short Interest

Bankinter, S.A. (OTCMKTS:BKNIY - Get Free Report) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 700 shares, a drop of 85.1% from the November 30th total of 4,700 shares. Based on an average daily trading volume, of 61,900 shares, the short-interest ratio is currently 0.0 days.

Bankinter Price Performance

Shares of OTCMKTS:BKNIY traded down $0.02 during midday trading on Thursday, hitting $7.64. The company had a trading volume of 38,612 shares, compared to its average volume of 39,835. The business's 50-day simple moving average is $8.03 and its 200-day simple moving average is $8.36. Bankinter has a twelve month low of $5.81 and a twelve month high of $9.25.

Bankinter Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued a $0.2514 dividend. The ex-dividend date was Tuesday, December 3rd. This is a positive change from Bankinter's previous dividend of $0.10.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods cut shares of Bankinter from a "hold" rating to a "moderate sell" rating in a research note on Friday, November 22nd.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.