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

Bankinter, S.A. (OTCMKTS:BKNIY) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 6,200 shares, a growth of 113.8% from the October 31st total of 2,900 shares. Based on an average daily volume of 20,900 shares, the days-to-cover ratio is currently 0.3 days.

Bankinter Stock Up 1.7 %

Shares of Bankinter stock opened at $7.98 on Friday. The company has a 50 day moving average price of $8.27 and a 200 day moving average price of $8.46. Bankinter has a 52 week low of $5.81 and a 52 week high of $9.25.

Bankinter Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be issued a $0.2514 dividend. The ex-dividend date is Tuesday, December 3rd. This is a boost from Bankinter’s previous dividend of $0.10.

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.

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.