Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Up 1,970.0% in January

Bankinter, S.A. (OTCMKTS:BKNIY) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 20,700 shares, an increase of 1,970.0% from the January 15th total of 1,000 shares. Based on an average daily trading volume, of 70,500 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

BKNIY has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods downgraded shares of Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd. Royal Bank of Canada upgraded shares of Bankinter to a “moderate buy” rating in a report on Thursday, January 16th.

Bankinter Price Performance

Shares of BKNIY opened at $9.49 on Thursday. The firm has a market capitalization of $8.53 billion, a PE ratio of 8.47 and a beta of 0.80. The company’s 50-day moving average is $8.31 and its 200-day moving average is $8.38. Bankinter has a fifty-two week low of $5.96 and a fifty-two week high of $11.54. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04.

Bankinter (OTCMKTS:BKNIY) last issued its quarterly earnings data on Thursday, January 23rd. The bank reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. Equities analysts forecast that Bankinter will post 0.99 EPS for the current year.

Bankinter Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd were given a $0.2514 dividend. The ex-dividend date was Tuesday, December 3rd. This is a positive change from Bankinter’s previous dividend of $0.10. Bankinter’s dividend payout ratio is presently 89.29%.

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.