Bankinter SA (OTCMKTS:BKNIY) Shares Shorted: Short Interest Up 112.9% in October

Bankinter SA (OTCMKTS:BKNIY) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 36,441 shares, an increase of 112.9% from the September 30th total of 17,113 shares. Based on an average daily volume of 53,066 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s shares are sold short.

Bankinter Stock Up 0.8%

Shares of BKNIY opened at $15.92 on Friday. The firm has a market cap of $14.31 billion, a PE ratio of 10.68 and a beta of -0.16. The company’s fifty day moving average is $18.24 and its two-hundred day moving average is $17.24. Bankinter has a fifty-two week low of $14.74 and a fifty-two week high of $20.07.

Bankinter (OTCMKTS:BKNIY) last issued its earnings results on Thursday, October 22nd. The bank reported $0.38 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.38. The firm had revenue of $890.20 million for the quarter, compared to analysts’ expectations of $906.80 million. Bankinter had a return on equity of 18.89% and a net margin of 24.51%. As a group, equities research analysts anticipate that Bankinter will post 1.44 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on BKNIY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Bankinter in a research report on Friday, July 24th. Jefferies Financial Group raised Bankinter from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Bankinter Company Profile

Bankinter, SA is a Spanish financial institution headquartered in Madrid. The company provides banking and financial services to individuals, businesses, corporations and institutional clients, with activities spanning retail banking, corporate and investment banking, private banking, asset management and consumer finance.

Its products and services include current and savings accounts, loans and mortgages, credit cards, payment services, investment products, brokerage and wealth-management solutions.