Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Up 100.0% in September

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 1,000 shares, a growth of 100.0% from the September 15th total of 500 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 0.4 days.

Banco de Sabadell Stock Performance

BNDSY stock opened at $3.88 on Friday. The firm has a 50 day moving average of $4.02 and a 200-day moving average of $3.85. Banco de Sabadell has a 12-month low of $2.18 and a 12-month high of $4.60.

Banco de Sabadell Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Monday, September 30th will be issued a dividend of $0.1084 per share. This is an increase from Banco de Sabadell’s previous dividend of $0.05. The ex-dividend date of this dividend is Monday, September 30th. Banco de Sabadell’s dividend payout ratio (DPR) 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.