Swedbank AB (publ) (OTCMKTS:SWDBY) Short Interest Up 180.3% in January

Swedbank AB (publ) (OTCMKTS:SWDBY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 52,700 shares, an increase of 180.3% from the December 31st total of 18,800 shares. Based on an average daily volume of 89,400 shares, the days-to-cover ratio is presently 0.6 days.

Swedbank AB (publ) Stock Performance

Shares of Swedbank AB (publ) stock traded down SEK 0.42 during trading on Friday, reaching SEK 21.80. The company’s stock had a trading volume of 6,628 shares, compared to its average volume of 30,095. The business’s 50-day moving average price is SEK 20.31 and its 200-day moving average price is SEK 20.48. The firm has a market cap of $24.53 billion, a PE ratio of 7.44, a P/E/G ratio of 0.88 and a beta of 0.91. Swedbank AB has a 52 week low of SEK 18.52 and a 52 week high of SEK 22.84. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 4.28.

Swedbank AB (publ) (OTCMKTS:SWDBY) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 17.32%. Equities analysts forecast that Swedbank AB will post 2.3 earnings per share for the current year.

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.