Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Up 1,970.0% in January

Bankinter, S.A. (OTCMKTS:BKNIY) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 20,700 shares, an increase of 1,970.0% from the January 15th total of 1,000 shares. Based on an average trading volume of 70,500 shares, the short-interest ratio is presently 0.3 days.

Bankinter Trading Down 0.7 %

Shares of OTCMKTS BKNIY traded down $0.06 during mid-day trading on Wednesday, reaching $9.09. 10,956 shares of the company’s stock were exchanged, compared to its average volume of 27,695. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04. The company’s 50-day moving average is $8.31 and its 200-day moving average is $8.38. Bankinter has a 52-week low of $5.96 and a 52-week high of $11.54.

Bankinter (OTCMKTS:BKNIY) last issued its earnings results 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%. As a group, analysts forecast that Bankinter will post 0.99 earnings per share for the current year.

Bankinter Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were given a dividend of $0.2514 per share. This is an increase from Bankinter’s previous dividend of $0.10. The ex-dividend date was Tuesday, December 3rd. Bankinter’s dividend payout ratio (DPR) is presently 89.29%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BKNIY shares. Royal Bank of Canada upgraded shares of Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods lowered shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd.

About Bankinter

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.