Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Up 358.8% in June

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 15,600 shares, an increase of 358.8% from the May 31st total of 3,400 shares. Based on an average trading volume of 7,500 shares, the short-interest ratio is presently 2.1 days.

Banco de Sabadell Price Performance

Shares of OTCMKTS:BNDSY remained flat at $3.71 on Friday. The company’s stock had a trading volume of 14 shares, compared to its average volume of 5,065. The firm’s 50-day moving average price is $3.87 and its 200-day moving average price is $3.05. Banco de Sabadell has a 1 year low of $2.10 and a 1 year high of $4.29.

Banco de Sabadell Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 3rd. Shareholders of record on Monday, April 22nd were issued a $0.0459 dividend. The ex-dividend date was Friday, April 19th. This is a boost from Banco de Sabadell’s previous dividend of $0.04. Banco de Sabadell’s dividend payout ratio (DPR) is presently 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.