Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Sees Large Decrease in Short Interest

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,092 shares, a decrease of 32.7% from the February 26th total of 1,623 shares. Based on an average trading volume of 1,353 shares, the short-interest ratio is currently 0.8 days.

Banco de Sabadell Trading Down 1.3%

BNDSY stock traded down $0.09 during midday trading on Friday, reaching $6.90. 6,037 shares of the company were exchanged, compared to its average volume of 3,222. The business has a 50-day moving average price of $7.40 and a two-hundred day moving average price of $7.47. Banco de Sabadell has a one year low of $4.64 and a one year high of $8.15.

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.