Banco de Sabadell, S.A. (OTCMKTS:BNDSF – Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 997,281 shares, an increase of 337.4% from the April 30th total of 228,018 shares. Based on an average daily volume of 211 shares, the days-to-cover ratio is currently 4,726.5 days.
Banco de Sabadell Stock Performance
Shares of OTCMKTS BNDSF opened at $3.50 on Friday. The stock’s fifty day simple moving average is $3.76 and its 200 day simple moving average is $3.74. Banco de Sabadell has a 52-week low of $3.14 and a 52-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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