CaixaBank, S.A. (OTCMKTS:CAIXY) Short Interest Up 145.1% in October

CaixaBank, S.A. (OTCMKTS:CAIXY) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 129,900 shares, a growth of 145.1% from the October 15th total of 53,000 shares. Based on an average daily trading volume, of 342,500 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

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

CaixaBank Stock Performance

OTCMKTS CAIXY traded down $0.06 during mid-day trading on Wednesday, reaching $1.97. 309,523 shares of the stock were exchanged, compared to its average volume of 150,905. The business’s 50 day moving average is $2.01 and its 200-day moving average is $1.90. CaixaBank has a 1 year low of $1.30 and a 1 year high of $2.75.

CaixaBank Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th will be given a $0.0328 dividend. The ex-dividend date is Tuesday, November 12th.

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.