Unicaja Banco, S.A. (OTCMKTS:UNJCF) Sees Large Growth in Short Interest

Unicaja Banco, S.A. (OTCMKTS:UNJCF) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 6,790,038 shares, a growth of 221.4% from the June 30th total of 2,112,533 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Ratings Changes

Several analysts have issued reports on the company. Morgan Stanley restated an “underweight” rating on shares of Unicaja Banco in a report on Thursday, July 2nd. Citigroup reiterated a “neutral” rating on shares of Unicaja Banco in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Unicaja Banco in a research report on Friday, May 22nd. Finally, Barclays lowered shares of Unicaja Banco from an “equal weight” rating to an “underweight” rating in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Unicaja Banco currently has a consensus rating of “Strong Sell”.

Unicaja Banco Stock Performance

Shares of OTCMKTS UNJCF opened at $3.05 on Friday. The business’s 50-day moving average price is $3.05 and its two-hundred day moving average price is $3.05. Unicaja Banco has a one year low of $2.23 and a one year high of $3.05.

Unicaja Banco Company Profile

Unicaja Banco is a Spanish commercial bank offering a broad range of financial services to retail, corporate and public sector clients. Traded on the OTC market under the symbol UNJCF, the bank provides deposit accounts, consumer and mortgage loans, payment and cash management solutions, wealth and asset management services, insurance products and digital banking platforms.

The institution traces its roots to a group of savings banks in Andalusia that merged to form Caja de Ahorros de Málaga, Almería, Jaén y Córdoba in the early 1990s.