Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Sees Large Increase in Short Interest

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 283,200 shares, an increase of 11.9% from the December 31st total of 253,100 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is presently 61.6 days.

Banco de Sabadell Stock Performance

BNDSF stock remained flat at $2.28 during trading on Friday. 827 shares of the company traded hands, compared to its average volume of 21,113. Banco de Sabadell has a 12-month low of $1.16 and a 12-month high of $2.31. The company has a fifty day moving average price of $2.01 and a 200 day moving average price of $2.00.

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.