Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Update

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 6,090 shares, a growth of 167.7% from the December 15th total of 2,275 shares. Based on an average daily trading volume, of 1,964 shares, the short-interest ratio is presently 3.1 days. Based on an average daily trading volume, of 1,964 shares, the short-interest ratio is presently 3.1 days.

Banco de Sabadell Stock Performance

OTCMKTS:BNDSY opened at $7.52 on Friday. The firm has a 50-day moving average price of $7.53 and a two-hundred day moving average price of $7.42. Banco de Sabadell has a twelve month low of $4.60 and a twelve month high of $8.11.

About Banco de Sabadell

Grupo Banco Sabadell SA, traded in the U.S. on the OTC market under the symbol BNDSY, is a diversified banking group headquartered in Alicante, Spain, with roots dating back to its founding in 1881 in the city of Sabadell. The bank provides a full range of financial services, including retail and commercial lending, deposit accounts, mortgages, credit and debit card programs, leasing, factoring, and consumer finance. It also offers corporate and investment banking solutions such as syndicated loans, debt issuance, trade finance, and foreign exchange services.

Over its history, Banco Sabadell has grown through a series of domestic and international acquisitions, establishing itself as one of Spain’s leading financial institutions.