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

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

Banco de Sabadell Trading Up 0.4%

BNDSF traded up $0.01 during trading hours on Friday, reaching $3.46. The company’s stock had a trading volume of 750 shares, compared to its average volume of 9,259. Banco de Sabadell has a fifty-two week low of $2.28 and a fifty-two week high of $4.15. The business’s 50-day moving average is $3.63 and its 200-day moving average is $3.71.

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.