Swedbank AB (publ) (OTCMKTS:SWDBF) Short Interest Up 115.0% in October

Swedbank AB (publ) (OTCMKTS:SWDBF) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 4,088,300 shares, a growth of 115.0% from the September 30th total of 1,901,900 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 10,220.8 days.

Swedbank AB (publ) Price Performance

Shares of SWDBF remained flat at $20.04 during midday trading on Friday. The company’s stock had a trading volume of 5 shares, compared to its average volume of 1,417. Swedbank AB has a twelve month low of $15.90 and a twelve month high of $22.68. The business has a fifty day simple moving average of $20.72 and a 200 day simple moving average of $20.29.

Swedbank AB (publ) Company Profile

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.