Swedbank AB (publ) (OTCMKTS:SWDBY) Short Interest Update

Swedbank AB (publ) (OTCMKTS:SWDBY) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 38,800 shares, a decrease of 26.4% from the December 31st total of 52,700 shares. Based on an average trading volume of 61,000 shares, the short-interest ratio is currently 0.6 days.

Swedbank AB (publ) Price Performance

OTCMKTS SWDBY traded down SEK 0.42 on Friday, hitting SEK 21.80. The stock had a trading volume of 6,600 shares, compared to its average volume of 29,297. The firm has a 50-day moving average of SEK 20.36 and a 200-day moving average of SEK 20.49. The company has a market capitalization of $24.53 billion, a price-to-earnings ratio of 7.44, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.50 and a current ratio of 1.50. Swedbank AB has a 52-week low of SEK 18.52 and a 52-week high of SEK 22.84.

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

About Swedbank AB (publ)

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.