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

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 646,300 shares, an increase of 529.9% from the September 15th total of 102,600 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 137.5 days. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 137.5 days.

Banco de Sabadell Stock Performance

Shares of BNDSF stock opened at $3.52 on Friday. Banco de Sabadell has a 1-year low of $1.83 and a 1-year high of $4.05. The stock’s fifty day moving average price is $3.84 and its 200 day moving average price is $3.38.

About Banco de Sabadell

Banco de Sabadell, SA provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services.