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

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 400 shares, a growth of 300.0% from the February 28th total of 100 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 0.1 days.

Banco de Sabadell Stock Performance

BNDSY traded up $0.25 during trading on Friday, reaching $6.02. 18 shares of the company’s stock were exchanged, compared to its average volume of 4,091. The company’s fifty day simple moving average is $4.93 and its 200-day simple moving average is $4.26. Banco de Sabadell has a 1 year low of $3.00 and a 1 year high of $6.05.

Banco de Sabadell Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 27th will be issued a $0.2621 dividend. This is an increase from Banco de Sabadell’s previous dividend of $0.11. The ex-dividend date of this dividend is Thursday, March 27th. Banco de Sabadell’s payout ratio is presently 8.42%.

Banco de Sabadell Company Profile

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.