Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Down 36.6% in August

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 5,200 shares, a decline of 36.6% from the August 15th total of 8,200 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 2,900 shares, the short-interest ratio is presently 1.8 days.

Banco de Sabadell Stock Performance

OTCMKTS BNDSY opened at $7.72 on Tuesday. Banco de Sabadell has a one year low of $3.65 and a one year high of $8.06. The business’s fifty day moving average is $7.38 and its 200-day moving average is $6.38.

Banco de Sabadell Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were issued a $0.0976 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a yield of 479.0%. Banco de Sabadell’s dividend payout ratio (DPR) 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.