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

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the target of a large decline in short interest in April. As of April 15th, there was short interest totaling 678,955 shares, a decline of 47.0% from the March 31st total of 1,282,089 shares. Based on an average daily volume of 65 shares, the days-to-cover ratio is presently 10,445.5 days.

Banco de Sabadell Stock Performance

Shares of Banco de Sabadell stock opened at $4.05 on Wednesday. The business has a 50-day moving average price of $3.61 and a 200-day moving average price of $3.70. Banco de Sabadell has a twelve month low of $2.80 and a twelve month high of $4.15.

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.