Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Down 85.1% in December

Bankinter, S.A. (OTCMKTS:BKNIY) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 700 shares, a decline of 85.1% from the November 30th total of 4,700 shares. Based on an average trading volume of 61,900 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

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

Bankinter Price Performance

BKNIY traded up $0.01 during trading hours on Friday, hitting $7.65. 68,098 shares of the company’s stock were exchanged, compared to its average volume of 40,001. Bankinter has a 12-month low of $5.81 and a 12-month high of $9.25. The firm has a 50 day moving average of $8.00 and a 200 day moving average of $8.35.

Bankinter Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, December 3rd were issued a $0.2514 dividend. This is a boost from Bankinter’s previous dividend of $0.10. The ex-dividend date was 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.