Bankinter SA (OTCMKTS:BKNIY) Stock Short Interest Report for September

Bankinter SA (OTCMKTS:BKNIY) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 17,113 shares, a decrease of 41.5% from the September 15th total of 29,270 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 24,900 shares, the days-to-cover ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

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

Bankinter Price Performance

Shares of OTCMKTS BKNIY traded down $0.05 during midday trading on Friday, reaching $17.21. 28,239 shares of the stock were exchanged, compared to its average volume of 22,913. The business has a 50-day simple moving average of $18.84 and a two-hundred day simple moving average of $17.63. The company has a market capitalization of $15.47 billion, a price-to-earnings ratio of 11.79 and a beta of -0.16. Bankinter has a 12 month low of $14.65 and a 12 month high of $20.07.

Bankinter (OTCMKTS:BKNIY) last announced its quarterly 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 company had revenue of $936.89 million during the quarter, compared to analyst estimates of $909.46 million. Equities research analysts expect that Bankinter will post 1.52 earnings per share for the current fiscal year.

About Bankinter

Bankinter, SA is a Spanish financial services company headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, a joint venture between Bank of America and Banco de Santander, the bank became an independent listed institution and adopted the Bankinter name in 1990.

The company provides retail and commercial banking services to individuals, businesses and institutions. Its offerings include current and savings accounts, mortgages, consumer and business loans, payment services, investment products, securities brokerage, asset management and private banking.