Short Interest in Unicaja Banco, S.A. (OTCMKTS:UNJCF) Increases By 221.4%

Unicaja Banco, S.A. (OTCMKTS:UNJCF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 6,790,038 shares, an increase of 221.4% from the June 30th total of 2,112,533 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Unicaja Banco Price Performance

OTCMKTS:UNJCF opened at $3.05 on Tuesday. Unicaja Banco has a 12 month low of $2.23 and a 12 month high of $3.05. The company’s 50 day moving average is $3.05 and its 200-day moving average is $3.05.

Analyst Ratings Changes

A number of equities research analysts have weighed in on UNJCF shares. Barclays downgraded Unicaja Banco from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Unicaja Banco in a report on Friday, May 22nd. Citigroup reiterated a “neutral” rating on shares of Unicaja Banco in a report on Monday, July 6th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Unicaja Banco in a research report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Sell”.

Unicaja Banco Company Profile

Unicaja Banco is a Spanish commercial bank offering a broad range of financial services to retail, corporate and public sector clients. Traded on the OTC market under the symbol UNJCF, the bank provides deposit accounts, consumer and mortgage loans, payment and cash management solutions, wealth and asset management services, insurance products and digital banking platforms.

The institution traces its roots to a group of savings banks in Andalusia that merged to form Caja de Ahorros de Málaga, Almería, Jaén y Córdoba in the early 1990s.