Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Update

Bankinter, S.A. (OTCMKTS:BKNIY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 176,900 shares, a growth of 1,210.4% from the February 28th total of 13,500 shares. Based on an average trading volume of 80,100 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.0% of the shares of the company are short sold.

Bankinter Price Performance

Shares of OTCMKTS:BKNIY traded up $0.01 during trading on Wednesday, reaching $11.41. The company had a trading volume of 6,481 shares, compared to its average volume of 23,363. Bankinter has a twelve month low of $7.20 and a twelve month high of $11.91. The firm has a market capitalization of $10.25 billion, a PE ratio of 10.18 and a beta of 0.73. The firm’s fifty day moving average is $9.89 and its 200 day moving average is $8.80. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.04 and a current ratio of 1.04.

Bankinter (OTCMKTS:BKNIY) last released its earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. On average, equities analysts forecast that Bankinter will post 1 EPS for the current year.

Bankinter Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, April 14th. Investors of record on Wednesday, April 2nd will be paid a $0.1084 dividend. The ex-dividend date is Wednesday, April 2nd. Bankinter’s payout ratio is presently 28.57%.

Analysts Set New Price Targets

BKNIY has been the subject of a number of analyst reports. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bankinter in a report on Thursday, March 6th.

Bankinter Company Profile

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.