Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Update

Bankinter, S.A. (OTCMKTS:BKNIY) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 176,900 shares, a growth of 1,210.4% from the February 28th total of 13,500 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 80,100 shares, the short-interest ratio is currently 2.2 days.

Analysts Set New Price Targets

BKNIY has been the topic of a number of analyst reports. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bankinter in a research report on Thursday, March 6th.

Bankinter Price Performance

Shares of OTCMKTS BKNIY traded up $0.01 during trading on Wednesday, hitting $11.41. The company had a trading volume of 6,481 shares, compared to its average volume of 23,363. Bankinter has a fifty-two week low of $7.20 and a fifty-two week high of $11.91. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.52. The stock has a fifty day simple moving average of $9.89 and a two-hundred day simple moving average of $8.80. The firm has a market capitalization of $10.25 billion, a price-to-earnings ratio of 10.18 and a beta of 0.73.

Bankinter (OTCMKTS:BKNIY) last released its earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. On average, research analysts expect that Bankinter will post 1 earnings per share for the current year.

Bankinter Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 14th. Investors of record on Wednesday, April 2nd will be issued a $0.1084 dividend. The ex-dividend date is Wednesday, April 2nd. Bankinter’s dividend payout ratio is presently 28.57%.

About Bankinter

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.