Short Interest in Bankinter, S.A. (OTCMKTS:BKNIY) Expands By 113.8%

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

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods cut shares of Bankinter from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 22nd.

Bankinter Price Performance

Shares of BKNIY stock traded up $0.04 during mid-day trading on Friday, hitting $7.85. 18,739 shares of the company’s stock were exchanged, compared to its average volume of 17,030. Bankinter has a fifty-two week low of $5.81 and a fifty-two week high of $9.25. The stock has a 50-day simple moving average of $8.29 and a two-hundred day simple moving average of $8.46.

Bankinter Increases Dividend

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

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.