Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Short Interest Down 33.2% in March

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,529,888 shares, a decrease of 33.2% from the February 26th total of 3,786,228 shares. Based on an average daily volume of 4,754 shares, the short-interest ratio is currently 532.2 days.

Banco de Sabadell Stock Performance

Shares of OTCMKTS:BNDSF traded down $0.01 during midday trading on Monday, hitting $3.45. 1,000 shares of the stock were exchanged, compared to its average volume of 8,913. The business’s 50-day moving average price is $3.63 and its 200 day moving average price is $3.71. Banco de Sabadell has a 12 month low of $2.28 and a 12 month high of $4.15.

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.