Banco de Sabadell, S.A. (OTCMKTS:BNDSY – Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 2,798 shares, a decrease of 46.3% from the June 30th total of 5,214 shares. Based on an average trading volume of 10,083 shares, the short-interest ratio is currently 0.3 days.
Banco de Sabadell Stock Performance
Banco de Sabadell stock opened at $8.09 on Friday. The firm has a 50-day moving average price of $7.26 and a 200-day moving average price of $7.45. Banco de Sabadell has a 12-month low of $6.15 and a 12-month 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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