Short Interest in Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Drops By 49.3%

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 1,282,089 shares, a decrease of 49.3% from the March 15th total of 2,529,888 shares. Based on an average daily volume of 21,543 shares, the short-interest ratio is presently 59.5 days.

Banco de Sabadell Price Performance

Shares of BNDSF opened at $3.82 on Monday. The company’s 50 day simple moving average is $3.58 and its 200 day simple moving average is $3.68. Banco de Sabadell has a 1 year low of $2.67 and a 1 year 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.