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

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

Bankinter Stock Down 2.2%

Shares of OTCMKTS:BKNIY traded down $0.44 during midday trading on Tuesday, reaching $19.54. 4,209 shares of the company were exchanged, compared to its average volume of 32,434. Bankinter has a fifty-two week low of $14.53 and a fifty-two week high of $20.07. The stock has a fifty day simple moving average of $18.09 and a two-hundred day simple moving average of $16.95. The firm has a market cap of $17.56 billion, a PE ratio of 13.38 and a beta of -0.17.

Bankinter (OTCMKTS:BKNIY) last announced its quarterly earnings data 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 net margin of 24.27% and a return on equity of 18.20%. The business had revenue of $936.89 million for the quarter, compared to analyst estimates of $909.46 million. As a group, analysts forecast that Bankinter will post 1.49 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Bankinter in a research report on Friday, July 24th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

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.