Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Sees Significant Decline in Short Interest

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 228,018 shares, a drop 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 presently 432.7 days.

Banco de Sabadell Price Performance

Shares of BNDSF stock opened at $3.88 on Friday. Banco de Sabadell has a 52 week low of $3.10 and a 52 week high of $4.15. The firm has a 50 day moving average of $3.68 and a two-hundred day moving average of $3.72.

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.