CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Stock Short Interest Report for October

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 54,880 shares, a decline of 43.0% from the September 30th total of 96,285 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 838,875 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of research firms recently commented on CAIXY. Keefe, Bruyette & Woods downgraded shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 17th. UBS Group raised shares of CaixaBank from a “hold” rating to a “buy” rating in a research report on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of CaixaBank in a research note on Tuesday, August 4th. Finally, Citigroup restated a “buy” rating on shares of CaixaBank in a research report on Monday, October 5th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, CaixaBank currently has an average rating of “Hold”.

CaixaBank Price Performance

OTCMKTS:CAIXY opened at $4.25 on Tuesday. The stock’s 50 day simple moving average is $4.69 and its 200-day simple moving average is $4.44. CaixaBank has a 12-month low of $3.41 and a 12-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.