Bankinter SA (OTCMKTS:BKNIY) Short Interest Down 45.5% in March

Bankinter SA (OTCMKTS:BKNIY) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 9,229 shares, a decline of 45.5% from the February 26th total of 16,925 shares. Based on an average daily trading volume, of 234,939 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. The Goldman Sachs Group downgraded Bankinter from a “hold” rating to a “sell” rating in a research note on Thursday, December 4th. Zacks Research cut Bankinter from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft raised Bankinter from a “hold” rating to a “buy” rating in a report on Monday, February 23rd. Finally, Keefe, Bruyette & Woods upgraded Bankinter from a “moderate sell” rating to a “hold” rating in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Bankinter Stock Performance

OTCMKTS:BKNIY traded down $0.20 during trading hours on Friday, reaching $15.28. 43,258 shares of the stock were exchanged, compared to its average volume of 87,221. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.62. The firm has a 50 day simple moving average of $16.33 and a 200-day simple moving average of $16.05. Bankinter has a 52 week low of $9.15 and a 52 week high of $17.97. The stock has a market capitalization of $13.73 billion, a P/E ratio of 11.32 and a beta of -0.19.

Bankinter (OTCMKTS:BKNIY) last issued its quarterly earnings results on Thursday, January 22nd. The bank reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. The business had revenue of $919.37 million during the quarter, compared to the consensus estimate of $922.16 million. Bankinter had a return on equity of 17.47% and a net margin of 23.00%. As a group, sell-side analysts forecast that Bankinter will post 1 earnings per share for the current fiscal year.

About Bankinter

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.