CaixaBank, S.A. (OTCMKTS:CAIXY – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 300,000 shares, a growth of 37.4% from the January 31st total of 218,300 shares. Based on an average trading volume of 865,500 shares, the days-to-cover ratio is presently 0.3 days.
CaixaBank Trading Up 4.8 %
Shares of CAIXY opened at $2.41 on Tuesday. CaixaBank has a 12 month low of $1.51 and a 12 month high of $2.75. The stock has a fifty day moving average price of $2.01 and a 200-day moving average price of $1.97.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Keefe, Bruyette & Woods downgraded shares of CaixaBank from a “moderate buy” rating to a “hold” rating in a report on Monday, February 24th. Royal Bank of Canada raised shares of CaixaBank to a “hold” rating in a research report on Wednesday, January 15th.
CaixaBank Company Profile
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.
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