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

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

Banco de Sabadell Stock Performance

Banco de Sabadell stock opened at $3.88 on Friday. Banco de Sabadell has a 1 year low of $2.18 and a 1 year high of $4.60. The firm’s 50 day moving average price is $4.01 and its two-hundred day moving average price is $3.84.

Banco de Sabadell Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Monday, September 30th will be given a $0.1084 dividend. This is a positive change 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 payout ratio is 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.