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

CaixaBank, S.A. (OTCMKTS:CAIXY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 185,000 shares, an increase of 512.6% from the December 31st 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.

CaixaBank Stock Performance

CAIXY stock opened at $2.03 on Thursday. CaixaBank has a 52 week low of $1.34 and a 52 week high of $2.75. The business has a fifty day simple moving average of $1.83 and a 200-day simple moving average of $1.92.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Barclays cut CaixaBank from a “strong-buy” rating to a “hold” rating in a report on Monday, October 21st. Royal Bank of Canada upgraded shares of CaixaBank to a “hold” rating in a report on Wednesday, January 15th.

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.