Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Update

Bankinter, S.A. (OTCMKTS:BKNIY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 176,900 shares, a growth of 1,210.4% from the February 28th total of 13,500 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 80,100 shares, the days-to-cover ratio is presently 2.2 days.

Analyst Upgrades and Downgrades

BKNIY has been the topic of a number of research reports. Royal Bank of Canada raised shares of Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bankinter in a research note on Thursday, March 6th.

Bankinter Stock Up 0.8 %

Shares of BKNIY stock opened at $11.50 on Friday. The company has a market capitalization of $10.33 billion, a price-to-earnings ratio of 10.26 and a beta of 0.73. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04. The company’s fifty day moving average price is $10.01 and its 200-day moving average price is $8.84. Bankinter has a one year low of $7.20 and a one year high of $11.91.

Bankinter (OTCMKTS:BKNIY) last released its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. Sell-side analysts expect that Bankinter will post 1 EPS for the current fiscal year.

Bankinter Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 14th. Shareholders of record on Wednesday, April 2nd will be given a dividend of $0.1084 per share. The ex-dividend date is Wednesday, April 2nd. Bankinter’s dividend payout ratio (DPR) is currently 28.57%.

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.