Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Rises By 512.6%

CaixaBank, S.A. (OTCMKTS:CAIXY - Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 185,000 shares, an increase of 512.6% from the December 15th total of 30,200 shares. Based on an average daily volume of 825,000 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded shares of CaixaBank from a "strong-buy" rating to a "hold" rating in a report on Monday, October 21st.

CaixaBank Trading Up 1.6 %

CAIXY stock traded up $0.03 during trading on Monday, hitting $1.94. 497,652 shares of the company traded hands, compared to its average volume of 305,086. The company has a 50-day moving average of $1.88 and a 200-day moving average of $1.91. CaixaBank has a 1 year low of $1.33 and a 1 year high of $2.75.

CaixaBank Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were issued a $0.0328 dividend. The ex-dividend date of this dividend was Tuesday, November 12th.

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.

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