Bankinter, S.A. (OTCMKTS:BKNIY) Sees Large Decrease in Short Interest

Bankinter, S.A. (OTCMKTS:BKNIY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 700 shares, a decrease of 85.1% from the November 30th total of 4,700 shares. Based on an average daily volume of 61,900 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods cut Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd.

Bankinter Price Performance

Shares of Bankinter stock traded down $0.02 on Friday, reaching $7.64. 38,612 shares of the company’s stock were exchanged, compared to its average volume of 39,835. Bankinter has a 52 week low of $5.81 and a 52 week high of $9.25. The firm’s 50-day moving average is $8.01 and its two-hundred day moving average is $8.36.

Bankinter Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.2514 per share. The ex-dividend date was Tuesday, December 3rd. This is an increase from Bankinter’s previous dividend of $0.10.

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.