Bankinter, S.A. (OTCMKTS:BKNIY) Short Interest Up 18.4% in February

Bankinter, S.A. (OTCMKTS:BKNIY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 13,500 shares, an increase of 18.4% from the February 13th total of 11,400 shares. Based on an average daily volume of 15,800 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the company’s stock are sold short.

Bankinter Stock Performance

Shares of OTCMKTS BKNIY opened at $11.80 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. Bankinter has a 12 month low of $7.08 and a 12 month high of $11.91. The stock has a 50 day moving average of $9.64 and a 200-day moving average of $8.73. The company has a market capitalization of $10.61 billion, a P/E ratio of 10.54 and a beta of 0.73.

Bankinter (OTCMKTS:BKNIY) last issued its earnings results on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, topping the consensus estimate of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. As a group, equities research analysts predict that Bankinter will post 1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Keefe, Bruyette & Woods downgraded Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd. Royal Bank of Canada upgraded Bankinter to a “moderate buy” rating in a research note on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bankinter in a research note on Thursday, March 6th.

About Bankinter

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