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

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 1,676 shares, a decrease of 88.2% from the May 31st total of 14,181 shares. Based on an average daily trading volume, of 32,762 shares, the days-to-cover ratio is currently 0.1 days.

Banco de Sabadell Stock Down 0.5%

OTCMKTS BNDSY opened at $7.40 on Friday. Banco de Sabadell has a 52 week low of $6.15 and a 52 week high of $8.65. The stock’s 50-day moving average price is $7.54 and its 200-day moving average price is $7.53.

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.