Short Interest in Bankinter SA (OTCMKTS:BKNIY) Drops By 91.0%

Bankinter SA (OTCMKTS:BKNIY) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 19,848 shares, a decrease of 91.0% from the August 15th total of 221,614 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 31,783 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Bankinter in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Bankinter Stock Down 0.9%

Shares of BKNIY stock traded down $0.17 during trading on Thursday, hitting $19.31. The company had a trading volume of 9,158 shares, compared to its average volume of 61,533. The stock’s 50-day moving average is $18.64 and its two-hundred day moving average is $17.17. The stock has a market capitalization of $17.36 billion, a price-to-earnings ratio of 13.23 and a beta of -0.18. Bankinter has a 52 week low of $14.65 and a 52 week high of $20.07.

Bankinter (OTCMKTS:BKNIY) last announced its earnings results on Thursday, July 23rd. The bank reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.03. Bankinter had a net margin of 24.27% and a return on equity of 18.20%. The business had revenue of $936.89 million during the quarter, compared to analyst estimates of $909.46 million. On average, research analysts predict that Bankinter will post 1.49 EPS for the current fiscal year.

Bankinter Company Profile

Bankinter, SA is a Spanish financial services group headquartered in Madrid. The company provides banking and investment services to individuals, businesses and institutional clients, with operations centered primarily in Spain and Portugal and additional activities in selected European markets, including Luxembourg and Ireland.

Its principal business lines include retail banking, corporate and commercial banking, private banking, consumer finance, mortgages, deposits, payment services and lending.