Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Sees Large Drop in Short Interest

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 5,478,800 shares, a decline of 14.1% from the August 31st total of 6,380,600 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 18,262.7 days.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

Shares of Skandinaviska Enskilda Banken AB (publ) stock opened at $15.50 on Monday. Skandinaviska Enskilda Banken AB has a twelve month low of $11.10 and a twelve month high of $15.55. The company’s fifty day moving average is $15.31 and its 200 day moving average is $14.63. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.42 and a quick ratio of 1.42.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last issued its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $0.42 earnings per share for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 17.49% and a net margin of 20.24%. The company had revenue of $1.90 billion during the quarter. On average, sell-side analysts predict that Skandinaviska Enskilda Banken AB will post 1.64 earnings per share for the current fiscal year.

Skandinaviska Enskilda Banken AB (publ) Company Profile

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.