Banco de Sabadell, S.A. (OTCMKTS:BNDSF – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 3,084,950 shares, a growth of 69.6% from the August 15th total of 1,819,372 shares. Based on an average daily volume of 1,215 shares, the short-interest ratio is presently 2,539.1 days.
Banco de Sabadell Stock Performance
Shares of Banco de Sabadell stock opened at $4.32 on Wednesday. The business has a 50 day moving average of $3.95 and a 200 day moving average of $3.74. Banco de Sabadell has a 52 week low of $3.29 and a 52 week high of $4.32.
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.
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