Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Short Interest Update

Banco de Sabadell, S.A. (OTCMKTS:BNDSFGet Rating) was the target of a large decline in short interest in April. As of April 30th, there was short interest totalling 73,100 shares, a decline of 73.7% from the April 15th total of 277,800 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 243.7 days.

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Banco de Sabadell from a “hold” rating to a “buy” rating in a research note on Thursday, March 31st. UBS Group upgraded shares of Banco de Sabadell from a “neutral” rating to a “buy” rating in a research note on Friday, February 18th. HSBC upgraded shares of Banco de Sabadell from a “hold” rating to a “buy” rating and reduced their price objective for the company from $0.85 to $0.70 in a research note on Monday, January 17th. Jefferies Financial Group upgraded shares of Banco de Sabadell from a “hold” rating to a “buy” rating in a research note on Monday, March 21st. Finally, Morgan Stanley upgraded shares of Banco de Sabadell from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, February 15th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Banco de Sabadell presently has a consensus rating of “Hold” and an average target price of $0.79.

Shares of OTCMKTS BNDSF remained flat at $$0.76 during mid-day trading on Friday. Banco de Sabadell has a fifty-two week low of $0.56 and a fifty-two week high of $1.09. The company has a 50-day moving average of $0.76 and a 200 day moving average of $0.77.

Banco de Sabadell Company Profile (Get Rating)

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.

Featured Articles

Receive News & Ratings for Banco de Sabadell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco de Sabadell and related companies with MarketBeat.com's FREE daily email newsletter.