Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Down 50.7% in May

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 3,400 shares, a decline of 50.7% from the May 15th total of 6,900 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 2.8 days.

Banco de Sabadell Trading Down 3.6 %

OTCMKTS:BNDSY traded down $0.14 during trading hours on Friday, reaching $3.70. 1,328 shares of the company were exchanged, compared to its average volume of 4,849. The business has a 50 day moving average of $3.76 and a 200 day moving average of $2.99. Banco de Sabadell has a 1-year low of $2.02 and a 1-year high of $4.29.

Banco de Sabadell Increases Dividend

The business also recently announced a dividend, which was paid on Friday, May 3rd. Stockholders of record on Monday, April 22nd were issued a dividend of $0.0459 per share. This is a positive change from Banco de Sabadell’s previous dividend of $0.04. The ex-dividend date of this dividend was Friday, April 19th. Banco de Sabadell’s dividend payout ratio is 8.42%.

About Banco de Sabadell

Banco de Sabadell, SA provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services.