CaixaBank, S.A. (OTCMKTS:CAIXY) Short Interest Up 317.3% in October

CaixaBank, S.A. (OTCMKTS:CAIXY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 53,000 shares, an increase of 317.3% from the September 30th total of 12,700 shares. Based on an average daily trading volume, of 268,200 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Barclays downgraded CaixaBank from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st.

CaixaBank Stock Down 0.5 %

CAIXY traded down $0.01 on Friday, hitting $1.91. 184,389 shares of the company’s stock traded hands, compared to its average volume of 91,493. The company’s 50 day simple moving average is $1.96 and its 200-day simple moving average is $1.86. CaixaBank has a one year low of $1.26 and a one year high of $2.36.

About CaixaBank

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.