Nordea Bank Abp (OTCMKTS:NRDBY) Short Interest Update

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 207,500 shares, an increase of 283.5% from the March 31st total of 54,100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 860,500 shares, the days-to-cover ratio is presently 0.2 days.

Nordea Bank Abp Stock Performance

Shares of NRDBY stock traded up $0.10 during midday trading on Friday, hitting $13.53. 250,875 shares of the company were exchanged, compared to its average volume of 459,595. Nordea Bank Abp has a 52 week low of $10.30 and a 52 week high of $14.57. The firm has a market capitalization of $47.23 billion, a P/E ratio of 8.73, a PEG ratio of 0.88 and a beta of 0.77. The firm's 50 day moving average price is $13.13 and its two-hundred day moving average price is $12.10. The company has a debt-to-equity ratio of 6.03, a quick ratio of 1.29 and a current ratio of 1.27.

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

Nordea Bank Abp Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 7th. Shareholders of record on Monday, March 24th were given a dividend of $0.9791 per share. The ex-dividend date of this dividend was Monday, March 24th. Nordea Bank Abp's payout ratio is 30.67%.

Analyst Upgrades and Downgrades

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

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.

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