Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Update

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,122 shares, a drop of 59.9% from the July 15th total of 2,798 shares. Based on an average daily volume of 5,517 shares, the short-interest ratio is currently 0.2 days.

Banco de Sabadell Price Performance

OTCMKTS BNDSY opened at $8.75 on Friday. The company’s 50 day moving average is $7.40 and its 200-day moving average is $7.49. Banco de Sabadell has a 12-month low of $6.15 and a 12-month high of $8.75.

Banco de Sabadell Company Profile

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.