Short Interest in Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Expands By 300.0%

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 400 shares, an increase of 300.0% from the February 28th total of 100 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is currently 0.1 days.

Banco de Sabadell Trading Up 4.4 %

Shares of BNDSY stock traded up $0.25 during trading hours on Friday, reaching $6.02. The company’s stock had a trading volume of 18 shares, compared to its average volume of 4,091. Banco de Sabadell has a fifty-two week low of $3.00 and a fifty-two week high of $6.05. The firm’s 50 day simple moving average is $4.93 and its 200-day simple moving average is $4.26.

Banco de Sabadell Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.2621 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Banco de Sabadell’s previous dividend of $0.11. Banco de Sabadell’s dividend payout ratio (DPR) 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.