Banco de Sabadell, S.A. (OTCMKTS:BNDSF – Get Free Report) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 228,018 shares, a decline of 66.4% from the April 15th total of 678,955 shares. Based on an average daily trading volume, of 527 shares, the short-interest ratio is currently 432.7 days.
Banco de Sabadell Stock Down 4.3%
Shares of OTCMKTS:BNDSF traded down $0.17 during mid-day trading on Thursday, hitting $3.75. 200 shares of the company traded hands, compared to its average volume of 7,334. Banco de Sabadell has a 12-month low of $3.05 and a 12-month high of $4.15. The stock has a 50-day moving average price of $3.66 and a two-hundred day moving average price of $3.72.
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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