Short Interest in Bankinter, S.A. (OTCMKTS:BKNIY) Increases By 183.3%

Bankinter, S.A. (OTCMKTS:BKNIYGet Rating) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 6,800 shares, a growth of 183.3% from the May 15th total of 2,400 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 3.8 days.

BKNIY opened at $5.74 on Friday. The business’s 50-day moving average price is $5.93 and its two-hundred day moving average price is $5.63. Bankinter has a 1 year low of $4.79 and a 1 year high of $6.54. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.04 and a quick ratio of 1.04.

Bankinter (OTCMKTS:BKNIYGet Rating) last released its quarterly earnings results on Thursday, April 21st. The bank reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. Bankinter had a return on equity of 8.83% and a net margin of 57.49%. The firm had revenue of $523.63 million for the quarter, compared to the consensus estimate of $539.45 million. Equities analysts anticipate that Bankinter will post 0.55 EPS for the current year.

The business also recently announced a dividend, which was paid on Monday, April 11th. Investors of record on Tuesday, March 29th were given a $0.0522 dividend. The ex-dividend date was Monday, March 28th. This represents a dividend yield of 33.83%. This is an increase from Bankinter’s previous dividend of $0.05.

Several analysts recently commented on the company. Barclays raised Bankinter from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, March 29th. JPMorgan Chase & Co. raised their price objective on Bankinter from €5.50 ($5.91) to €6.10 ($6.56) and gave the stock a “neutral” rating in a research note on Thursday, May 19th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $5.27.

About Bankinter (Get Rating)

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

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