Banco de Sabadell, S.A. (OTCMKTS:BNDSY – Get Free Report) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 5,214 shares, an increase of 211.1% from the June 15th total of 1,676 shares. Based on an average daily volume of 11,405 shares, the short-interest ratio is presently 0.5 days.
Banco de Sabadell Trading Up 2.1%
Shares of OTCMKTS:BNDSY opened at $7.23 on Wednesday. The company’s fifty day moving average is $7.39 and its 200 day moving average is $7.49. Banco de Sabadell has a 52 week low of $6.15 and a 52 week high of $8.65.
About Banco de Sabadell
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.
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