Banco de Sabadell, S.A. (OTCMKTS:BNDSF – Get Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,793,296 shares, an increase of 93.5% from the November 30th total of 1,443,527 shares. Based on an average trading volume of 949 shares, the days-to-cover ratio is presently 2,943.4 days. Based on an average trading volume of 949 shares, the days-to-cover ratio is presently 2,943.4 days.
Banco de Sabadell Stock Performance
Shares of OTCMKTS BNDSF opened at $3.94 on Friday. The stock’s fifty day moving average is $3.71 and its 200 day moving average is $3.66. Banco de Sabadell has a 52 week low of $1.84 and a 52 week high of $4.05.
About Banco de Sabadell
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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