Short Interest in Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Decreases By 50.7%

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 3,400 shares, a decrease of 50.7% from the May 15th total of 6,900 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 2.8 days.

Banco de Sabadell Stock Down 3.6 %

Shares of OTCMKTS BNDSY traded down $0.14 during mid-day trading on Friday, hitting $3.70. The company had a trading volume of 1,328 shares, compared to its average volume of 4,849. Banco de Sabadell has a 12 month low of $2.02 and a 12 month high of $4.29. The business’s 50-day simple moving average is $3.76 and its 200-day simple moving average is $2.99.

Banco de Sabadell Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 3rd. Stockholders of record on Monday, April 22nd were issued a dividend of $0.0459 per share. The ex-dividend date of this dividend was Friday, April 19th. This is a positive change from Banco de Sabadell’s previous dividend of $0.04. 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.