Bankinter SA (OTCMKTS:BKNIY) Sees Significant Increase in Short Interest

Bankinter SA (OTCMKTS:BKNIY) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 221,614 shares, a growth of 781.7% from the July 30th total of 25,135 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 108,594 shares, the days-to-cover ratio is currently 2.0 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Bankinter in a report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Bankinter has an average rating of “Hold”.

Bankinter Trading Down 2.2%

Shares of Bankinter stock traded down $0.44 during trading on Tuesday, hitting $19.54. 4,209 shares of the stock were exchanged, compared to its average volume of 32,434. The company has a fifty day moving average price of $18.09 and a 200-day moving average price of $16.95. The stock has a market capitalization of $17.56 billion, a price-to-earnings ratio of 13.38 and a beta of -0.17. Bankinter has a 1-year low of $14.53 and a 1-year high of $20.07.

Bankinter (OTCMKTS:BKNIY) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.03. Bankinter had a return on equity of 18.20% and a net margin of 24.27%.The business had revenue of $936.89 million during the quarter, compared to analysts’ expectations of $909.46 million. Equities research analysts forecast that Bankinter will post 1.49 EPS for the current fiscal year.

Bankinter Company Profile

Bankinter, SA (OTCMKTS: BKNIY) is a Spanish commercial bank headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, it has grown into one of the country’s leading financial institutions, serving both individual and corporate clients. The bank is publicly traded on the Bolsa de Madrid and operates under a universal banking model, combining traditional branch networks with advanced digital platforms.

In its retail banking segment, Bankinter offers a broad array of deposit accounts, consumer loans, mortgages and credit cards, alongside digital banking services designed to simplify everyday transactions.