CaixaBank, S.A. (OTCMKTS:CAIXY) Short Interest Down 75.6% in November

CaixaBank, S.A. (OTCMKTS:CAIXY) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 20,100 shares, a decrease of 75.6% from the November 15th total of 82,400 shares. Based on an average trading volume of 574,900 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of CaixaBank from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st.

CaixaBank Stock Down 1.6 %

Shares of OTCMKTS CAIXY traded down $0.03 during midday trading on Wednesday, hitting $1.85. The stock had a trading volume of 179,554 shares, compared to its average volume of 111,621. CaixaBank has a fifty-two week low of $1.30 and a fifty-two week high of $2.75. The company’s 50-day simple moving average is $1.96 and its 200 day simple moving average is $1.91.

CaixaBank Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were issued a dividend of $0.0328 per share. The ex-dividend date of this dividend was Tuesday, November 12th.

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.