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

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 400 shares, a growth of 33.3% from the October 31st total of 300 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 2.0 days.

Banco de Sabadell Trading Down 0.9 %

Banco de Sabadell stock opened at $3.75 on Monday. The company has a 50 day moving average of $3.91 and a 200-day moving average of $3.97. Banco de Sabadell has a twelve month low of $2.18 and a twelve month high of $4.60.

Banco de Sabadell Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 16th. Investors of record on Monday, September 30th were paid a $0.1084 dividend. The ex-dividend date was Monday, September 30th. This is a positive change from Banco de Sabadell’s previous dividend of $0.05. Banco de Sabadell’s dividend payout ratio is presently 8.42%.

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.