Short Interest in Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Drops By 46.3%

Banco de Sabadell, S.A. (OTCMKTS:BNDSYGet Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 2,798 shares, a decrease of 46.3% from the June 30th total of 5,214 shares. Based on an average daily trading volume, of 10,083 shares, the days-to-cover ratio is presently 0.3 days.

Banco de Sabadell Price Performance

Shares of BNDSY opened at $7.63 on Wednesday. Banco de Sabadell has a twelve month low of $6.15 and a twelve month high of $8.65. The firm has a fifty day simple moving average of $7.27 and a two-hundred day simple moving average of $7.45.

Banco de Sabadell Company Profile

(Get Free Report)

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.

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