CaixaBank, S.A. (OTCMKTS:CAIXY – Get Free Report) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 51,800 shares, a decline of 72.0% from the December 31st total of 185,000 shares. Based on an average trading volume of 607,700 shares, the days-to-cover ratio is currently 0.1 days.
CaixaBank Trading Down 2.9 %
OTCMKTS:CAIXY traded down $0.06 on Thursday, hitting $2.03. The stock had a trading volume of 150,195 shares, compared to its average volume of 267,750. CaixaBank has a 1 year low of $1.34 and a 1 year high of $2.75. The firm’s fifty day simple moving average is $1.84 and its two-hundred day simple moving average is $1.92.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on CAIXY shares. Barclays cut CaixaBank from a “strong-buy” rating to a “hold” rating in a report on Monday, October 21st. Royal Bank of Canada upgraded shares of CaixaBank to a “hold” rating in a report on Wednesday, January 15th.
About CaixaBank
CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.
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