Short Interest in Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Drops By 43.2%

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the target of a large decline in short interest in September. As of September 15th, there was short interest totalling 626,800 shares, a decline of 43.2% from the August 31st total of 1,103,000 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 261.2 days.

Banco de Sabadell Price Performance

Shares of OTCMKTS:BNDSF remained flat at $2.16 during trading on Friday. Banco de Sabadell has a one year low of $1.05 and a one year high of $2.31. The company has a 50-day simple moving average of $2.05 and a 200-day simple moving average of $1.91.

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.