CaixaBank, S.A. (OTCMKTS:CAIXY) Short Interest Update

CaixaBank, S.A. (OTCMKTS:CAIXY) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 82,400 shares, a decrease of 36.6% from the October 31st total of 129,900 shares. Based on an average daily volume of 333,500 shares, the days-to-cover ratio is currently 0.2 days.

CaixaBank Stock Performance

CaixaBank stock traded up $0.05 during trading on Thursday, reaching $1.78. 278,186 shares of the company were exchanged, compared to its average volume of 105,210. CaixaBank has a 52-week low of $1.30 and a 52-week high of $2.75. The stock’s 50 day simple moving average is $1.99 and its two-hundred day simple moving average is $1.91.

CaixaBank Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.0328 per share. The ex-dividend date was Tuesday, November 12th.

Wall Street Analysts Forecast Growth

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

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.