Short Interest in Bankinter SA (OTCMKTS:BKNIY) Drops By 41.4%

Bankinter SA (OTCMKTS:BKNIY) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 22,563 shares, a drop of 41.4% from the November 30th total of 38,475 shares. Based on an average daily trading volume, of 49,086 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 49,086 shares, the short-interest ratio is currently 0.5 days.

Bankinter Price Performance

Shares of OTCMKTS BKNIY opened at $16.96 on Monday. The stock’s fifty day simple moving average is $15.91 and its 200 day simple moving average is $15.02. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.03 and a current ratio of 1.03. Bankinter has a 52-week low of $7.64 and a 52-week high of $17.20.

Bankinter (OTCMKTS:BKNIY) last released its quarterly earnings results on Thursday, October 23rd. The bank reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $879.05 million during the quarter, compared to analyst estimates of $887.38 million. Bankinter had a return on equity of 16.76% and a net margin of 21.53%. As a group, sell-side analysts predict that Bankinter will post 1 earnings per share for the current year.

Bankinter Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 12th. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.231 per share. The ex-dividend date was Monday, December 1st. This represents a dividend yield of 279.0%. Bankinter’s payout ratio is currently 37.30%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BKNIY. Barclays upgraded shares of Bankinter from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 21st. Keefe, Bruyette & Woods upgraded Bankinter from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, December 16th. The Goldman Sachs Group lowered Bankinter from a “hold” rating to a “sell” rating in a report on Thursday, December 4th. Finally, Zacks Research lowered Bankinter from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. Six investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

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.