Banco de Sabadell, S.A. (OTCMKTS:BNDSF – Get Free Report) saw a large drop in short interest during 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 volume of 527 shares, the days-to-cover ratio is currently 432.7 days.
Banco de Sabadell Trading Up 4.5%
Shares of OTCMKTS:BNDSF opened at $3.88 on Friday. The firm’s 50 day simple moving average is $3.67 and its 200 day simple moving average is $3.72. Banco de Sabadell has a fifty-two week low of $3.10 and a fifty-two week high of $4.15.
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.
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