Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Update

Danske Bank A/S (OTCMKTS:DNKEY) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 6,500 shares, a growth of 712.5% from the October 15th total of 800 shares. Based on an average daily trading volume, of 50,600 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DNKEY shares. The Goldman Sachs Group upgraded shares of Danske Bank A/S to a “hold” rating in a report on Friday, September 27th. Barclays upgraded Danske Bank A/S to a “strong sell” rating in a research note on Tuesday, October 1st. Finally, UBS Group upgraded Danske Bank A/S to a “strong-buy” rating in a research note on Monday, October 7th.

Danske Bank A/S Stock Performance

Danske Bank A/S stock traded down $0.48 during mid-day trading on Tuesday, hitting $14.36. The company had a trading volume of 70,927 shares, compared to its average volume of 24,180. The company’s fifty day moving average is $14.93 and its 200-day moving average is $14.94. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 7.32. Danske Bank A/S has a 12-month low of $11.90 and a 12-month high of $16.23. The company has a market capitalization of $24.38 billion, a price-to-earnings ratio of 7.53 and a beta of 0.94.

Danske Bank A/S (OTCMKTS:DNKEY) last posted its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.53 EPS for the quarter. Danske Bank A/S had a return on equity of 13.40% and a net margin of 42.04%. The business had revenue of $2.04 billion during the quarter. Equities research analysts predict that Danske Bank A/S will post 1.98 EPS for the current year.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.