Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Down 70.0% in October

Banco de Sabadell, S.A. (OTCMKTS:BNDSY) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 300 shares, a decrease of 70.0% from the October 15th total of 1,000 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1.5 days.

Banco de Sabadell Stock Performance

Shares of OTCMKTS BNDSY remained flat at $3.78 during trading hours on Tuesday. The stock had a trading volume of 31 shares, compared to its average volume of 4,153. The company’s 50 day simple moving average is $3.99 and its two-hundred day simple moving average is $3.97. Banco de Sabadell has a one year low of $2.18 and a one year high of $4.60.

Banco de Sabadell Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 16th. Stockholders of record on Monday, September 30th were paid a dividend of $0.1084 per share. The ex-dividend date of this dividend was Monday, September 30th. This is a boost from Banco de Sabadell’s previous dividend of $0.05. Banco de Sabadell’s dividend payout ratio (DPR) is currently 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.