CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 54,880 shares, a decrease of 43.0% from the September 30th total of 96,285 shares. Based on an average daily volume of 838,875 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on CAIXY shares. UBS Group raised CaixaBank from a “hold” rating to a “buy” rating in a report on Wednesday, September 23rd. Citigroup restated a “buy” rating on shares of CaixaBank in a research report on Monday, October 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of CaixaBank in a research note on Tuesday, August 4th. Finally, Keefe, Bruyette & Woods downgraded CaixaBank from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, CaixaBank has an average rating of “Hold”.
Get Our Latest Stock Report on CaixaBank
CaixaBank Price Performance
Shares of CAIXY stock opened at $4.12 on Friday. The firm has a 50-day moving average price of $4.71 and a 200 day moving average price of $4.43. CaixaBank has a twelve month low of $3.41 and a twelve month high of $5.21.
CaixaBank Company Profile
CaixaBank, SA is a Spanish financial services group that provides banking and related financial products to individuals, businesses, institutions and public-sector customers. Its services include current and savings accounts, consumer and residential lending, credit and debit cards, payment solutions, mortgages, corporate financing and investment banking.
The company also operates through businesses covering wealth management, asset management, insurance and pension products. CaixaBank distributes many of these services through a combination of branches, digital banking channels and specialized platforms, serving customers primarily in Spain and, through its Banco BPI subsidiary, in Portugal.
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