Banco de Sabadell, S.A. (OTCMKTS:BNDSF – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 3,084,950 shares, an increase of 69.6% from the August 15th total of 1,819,372 shares. Based on an average daily volume of 1,215 shares, the days-to-cover ratio is presently 2,539.1 days.
Banco de Sabadell Stock Performance
Shares of BNDSF stock opened at $4.32 on Wednesday. The company’s fifty day moving average price is $3.95 and its 200-day moving average price is $3.74. Banco de Sabadell has a 12 month low of $3.29 and a 12 month high of $4.32.
About Banco de Sabadell
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.
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