Bankinter SA (OTCMKTS:BKNIY) Short Interest Up 879.5% in July

Bankinter SA (OTCMKTS:BKNIY) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 25,135 shares, an increase of 879.5% from the July 15th total of 2,566 shares. Based on an average daily trading volume, of 35,799 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

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 assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Bankinter Stock Down 1.9%

Shares of BKNIY traded down $0.37 during trading hours on Tuesday, hitting $18.93. The company had a trading volume of 2,350 shares, compared to its average volume of 14,309. The business has a fifty day moving average of $17.48 and a 200-day moving average of $16.80. The firm has a market cap of $17.02 billion, a price-to-earnings ratio of 12.97 and a beta of -0.17. Bankinter has a 12 month low of $14.53 and a 12 month high of $19.42.

Bankinter (OTCMKTS:BKNIY) last announced its earnings results on Thursday, July 23rd. The bank reported $0.40 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $909.46 million. On average, equities analysts expect 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.