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

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 2,793,296 shares, a growth of 93.5% from the November 30th total of 1,443,527 shares. Based on an average daily volume of 949 shares, the short-interest ratio is presently 2,943.4 days. Based on an average daily volume of 949 shares, the short-interest ratio is presently 2,943.4 days.

Banco de Sabadell Price Performance

BNDSF opened at $3.94 on Friday. The stock’s 50 day moving average price is $3.71 and its two-hundred day moving average price is $3.67. Banco de Sabadell has a 12-month low of $1.84 and a 12-month high of $4.05.

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.