Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Sees Significant Increase in Short Interest

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 5,523,486 shares, a growth of 97.7% from the December 15th total of 2,793,236 shares. Based on an average daily volume of 877 shares, the days-to-cover ratio is currently 6,298.2 days. Based on an average daily volume of 877 shares, the days-to-cover ratio is currently 6,298.2 days.

Banco de Sabadell Price Performance

BNDSF stock opened at $3.80 on Thursday. Banco de Sabadell has a 12 month low of $2.15 and a 12 month high of $4.15. The firm’s 50-day moving average is $3.78 and its 200 day moving average is $3.73.

Banco de Sabadell Company Profile

Banco de Sabadell is a Spain-based banking group founded in 1881 and headquartered in Alicante. It ranks among the country’s largest banks by assets, serving a diverse client base that includes retail customers, small and medium‐sized enterprises (SMEs) and large corporate clients. Over its history, the group has expanded through organic growth and strategic acquisitions to build a comprehensive financial services platform.

The bank’s core business lines encompass retail banking, commercial and corporate banking, private banking, asset management and insurance.