Bankinter SA (OTCMKTS:BKNIY) Stock Short Interest Jumps 47.5%

Bankinter SA (OTCMKTS:BKNIY) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 29,270 shares, an increase of 47.5% from the August 31st total of 19,848 shares. Based on an average daily volume of 17,553 shares, the short-interest ratio is presently 1.7 days. Currently, 0.0% of the shares of the company are sold short.

Bankinter Price Performance

OTCMKTS BKNIY traded down $0.31 during trading hours on Thursday, reaching $18.01. The company’s stock had a trading volume of 8,253 shares, compared to its average volume of 57,604. The firm has a market capitalization of $16.19 billion, a price-to-earnings ratio of 12.34 and a beta of -0.18. The company’s 50-day moving average is $19.08 and its two-hundred day moving average is $17.47. Bankinter has a 1-year low of $14.65 and a 1-year high of $20.07.

Bankinter (OTCMKTS:BKNIY) last issued its quarterly earnings data on Thursday, July 23rd. The bank reported $0.40 EPS for the quarter, beating the consensus estimate of $0.37 by $0.03. The company had revenue of $936.89 million for the quarter, compared to analyst estimates of $909.46 million. Bankinter had a return on equity of 18.20% and a net margin of 24.27%. Equities analysts forecast that Bankinter will post 1.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Bankinter in a research note on Friday, July 24th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Bankinter Company Profile

Bankinter, SA is a Spanish financial services company headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, a joint venture between Bank of America and Banco de Santander, the bank became an independent listed institution and adopted the Bankinter name in 1990.

The company provides retail and commercial banking services to individuals, businesses and institutions. Its offerings include current and savings accounts, mortgages, consumer and business loans, payment services, investment products, securities brokerage, asset management and private banking.