Nordea Bank Abp (OTCMKTS:NRDBY) Short Interest Down 48.9% in March

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 54,100 shares, a decrease of 48.9% from the March 15th total of 105,900 shares. Based on an average daily volume of 697,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Morgan Stanley reissued an "overweight" rating on shares of Nordea Bank Abp in a research note on Friday, March 7th. Barclays restated an "overweight" rating on shares of Nordea Bank Abp in a research note on Monday, February 3rd.

Nordea Bank Abp Stock Up 0.2 %

Shares of OTCMKTS NRDBY traded up $0.02 during mid-day trading on Monday, reaching $12.99. 368,986 shares of the company traded hands, compared to its average volume of 461,755. The company's fifty day moving average is $13.06 and its two-hundred day moving average is $12.06. Nordea Bank Abp has a fifty-two week low of $10.30 and a fifty-two week high of $14.57. The company has a debt-to-equity ratio of 6.03, a quick ratio of 1.29 and a current ratio of 1.27. The stock has a market cap of $45.35 billion, a PE ratio of 8.38, a price-to-earnings-growth ratio of 0.88 and a beta of 0.77.

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The company reported $0.36 EPS for the quarter. The company had revenue of $3.13 billion for the quarter. Nordea Bank Abp had a net margin of 19.84% and a return on equity of 16.29%. On average, analysts expect that Nordea Bank Abp will post 1.4 earnings per share for the current year.

Nordea Bank Abp Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, April 7th. Investors of record on Monday, March 24th were issued a $0.9791 dividend. The ex-dividend date of this dividend was Monday, March 24th. Nordea Bank Abp's dividend payout ratio (DPR) is presently 30.67%.

Nordea Bank Abp Company Profile

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.