Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Update

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,962 shares, a decline of 18.5% from the December 31st total of 6,090 shares. Based on an average daily volume of 6,595 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 6,595 shares, the days-to-cover ratio is presently 0.8 days.

Banco de Sabadell Stock Up 2.6%

BNDSY stock opened at $7.83 on Tuesday. Banco de Sabadell has a 12 month low of $4.60 and a 12 month high of $8.11. The firm’s fifty day simple moving average is $7.61 and its 200-day simple moving average is $7.49.

Banco de Sabadell Company Profile

Grupo Banco Sabadell SA, traded in the U.S. on the OTC market under the symbol BNDSY, is a diversified banking group headquartered in Alicante, Spain, with roots dating back to its founding in 1881 in the city of Sabadell. The bank provides a full range of financial services, including retail and commercial lending, deposit accounts, mortgages, credit and debit card programs, leasing, factoring, and consumer finance. It also offers corporate and investment banking solutions such as syndicated loans, debt issuance, trade finance, and foreign exchange services.

Over its history, Banco Sabadell has grown through a series of domestic and international acquisitions, establishing itself as one of Spain’s leading financial institutions.