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

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 500 shares, a growth of 66.7% from the August 15th total of 300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1.7 days.

Banco de Sabadell Stock Performance

Shares of BNDSY stock opened at $3.93 on Friday. The business’s 50 day moving average is $4.02 and its two-hundred day moving average is $3.65. Banco de Sabadell has a 12-month low of $2.10 and a 12-month high of $4.34.

Banco de Sabadell Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Monday, September 30th will be given a dividend of $0.1084 per share. The ex-dividend date is Monday, September 30th. This is an increase from Banco de Sabadell’s previous dividend of $0.05. Banco de Sabadell’s dividend payout ratio is currently 8.42%.

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.