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

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the target of a large growth in short interest in 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 daily trading volume, of 3,300 shares, the short-interest ratio is currently 0.1 days.

Banco de Sabadell Trading Down 12.8 %

BNDSY opened at $5.25 on Friday. Banco de Sabadell has a 12 month low of $3.00 and a 12 month high of $6.05. The stock has a 50-day moving average of $4.96 and a 200 day moving average of $4.27.

Banco de Sabadell Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.2621 per share. This is a positive change from Banco de Sabadell’s previous dividend of $0.11. The ex-dividend date 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.