Bankinter, S.A. (OTCMKTS:BKNIY) Sees Significant Decrease in Short Interest

Bankinter, S.A. (OTCMKTS:BKNIY) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 11,400 shares, a decrease of 44.9% from the January 31st total of 20,700 shares. Based on an average daily volume of 22,300 shares, the short-interest ratio is currently 0.5 days.

Bankinter Trading Down 0.1 %

OTCMKTS:BKNIY opened at $9.95 on Friday. The company’s 50 day moving average is $8.79 and its 200-day moving average is $8.52. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.52. Bankinter has a 12 month low of $6.37 and a 12 month high of $11.54. The firm has a market cap of $8.94 billion, a price-to-earnings ratio of 8.88 and a beta of 0.80.

Bankinter (OTCMKTS:BKNIY) last announced 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%. Equities analysts anticipate that Bankinter will post 1 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods downgraded Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd.

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.