Short Interest in CaixaBank, S.A. (OTCMKTS:CAIXY) Decreases By 36.6%

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

CaixaBank Stock Performance

Shares of CaixaBank stock traded up $0.05 on Friday, hitting $1.78. The company had a trading volume of 278,186 shares, compared to its average volume of 229,796. CaixaBank has a 1 year low of $1.30 and a 1 year high of $2.75. The stock has a 50 day moving average of $1.99 and a 200-day moving average of $1.91.

CaixaBank Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were given a $0.0328 dividend. The ex-dividend date of this dividend was Tuesday, November 12th.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of CaixaBank from a “strong-buy” rating to a “hold” rating in a 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.