CAIXABANK SA (OTCMKTS:CIXPF) Shorts Decreased by 1.85% After Short Covering

September 17, 2017 - By Maria Brooks

The stock of CAIXABANK SA (OTCMKTS:CIXPF) registered a decrease of 1.85% in short interest. CIXPF’s total short interest was 2.23 million shares in September as published by FINRA. Its down 1.85% from 2.27 million shares, reported previously. With 5,600 shares average volume, it will take short sellers 398 days to cover their CIXPF’s short positions.

It closed at $4.99 lastly. It is down 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Caixabank SA is a Spain-based bank. Its activities are divided into two business divisions: Banking and insurance, as well as Investments. The company has market cap of $29.82 billion. The Banking and insurance division provides financial services for individual customers, including retail, private and personal banking, business customers, such as commercial and corporate banking, cash management and markets solutions, as well as offers insurance products. It currently has negative earnings. The Investments division includes investments in the international banking investee portfolio, as well as stakes in other companies, such as Repsol SA and Telefonica SA.

More notable recent Caixabank SA (OTCMKTS:CIXPF) news were published by: Bloomberg.com which released: “CaixaBank Extends Drop After Selling $1.5 Billion Shares for BPI” on September 22, 2016, also Seekingalpha.com with their article: “Caixabank Acquisition Of BPI: An Attractive Franchise Geared On Booming Portugal” published on April 18, 2017, Seekingalpha.com published: “Caixabank: Still An Attractive Play On Rising European Interest Rates” on March 09, 2017. More interesting news about Caixabank SA (OTCMKTS:CIXPF) were released by: Ft.com and their article: “CaixaBank reports €182m loss as Repsol stake suffers impairment” published on January 29, 2016 as well as Moodys.com‘s news article titled: “Moody’s affirms CaixaBank’s ratings and changes outlook to negative; BPI’s …” with publication date: April 20, 2016.

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