Short Interest in Unicaja Banco, S.A. (OTCMKTS:UNJCF) Decreases By 68.7%

Unicaja Banco, S.A. (OTCMKTS:UNJCF) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,112,533 shares, a decrease of 68.7% from the June 15th total of 6,743,189 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on UNJCF. Citigroup restated a “neutral” rating on shares of Unicaja Banco in a research report on Monday, July 6th. Morgan Stanley reiterated an “underweight” rating on shares of Unicaja Banco in a research report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Unicaja Banco in a research note on Friday, May 22nd. Two equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Unicaja Banco has an average rating of “Strong Sell”.

Unicaja Banco Price Performance

Shares of OTCMKTS:UNJCF remained flat at $3.05 on Monday. Unicaja Banco has a 1-year low of $2.23 and a 1-year high of $3.05. The business’s 50-day moving average price is $3.05 and its 200 day moving average price is $3.05.

Unicaja Banco Company Profile

Unicaja Banco is a Spanish commercial bank offering a broad range of financial services to retail, corporate and public sector clients. Traded on the OTC market under the symbol UNJCF, the bank provides deposit accounts, consumer and mortgage loans, payment and cash management solutions, wealth and asset management services, insurance products and digital banking platforms.

The institution traces its roots to a group of savings banks in Andalusia that merged to form Caja de Ahorros de Málaga, Almería, Jaén y Córdoba in the early 1990s.