Short Interest in Swedbank AB (publ) (OTCMKTS:SWDBY) Expands By 180.3%

Swedbank AB (publ) (OTCMKTS:SWDBY) was the recipient of a significant increase in short interest in 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) Trading Down 1.9 %

Shares of SWDBY traded down SEK 0.42 during mid-day trading on Friday, reaching SEK 21.80. 6,628 shares of the company’s stock traded hands, compared to its average volume of 30,111. The stock’s 50-day moving average is SEK 20.31 and its two-hundred day moving average is SEK 20.48. Swedbank AB has a 12 month low of SEK 18.52 and a 12 month high of SEK 22.84. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.50 and a quick ratio of 1.50. The stock has a market cap of $24.53 billion, a P/E ratio of 7.44, a P/E/G ratio of 0.88 and a beta of 0.91.

Swedbank AB (publ) (OTCMKTS:SWDBY) last posted 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%. Research analysts forecast that Swedbank AB will post 2.3 earnings per share for the current fiscal 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.