DNB Bank ASA (OTCMKTS:DNBBY) Short Interest Update

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 19,400 shares, a growth of 3,133.3% from the September 15th total of 600 shares. Based on an average daily volume of 82,400 shares, the short-interest ratio is presently 0.2 days.

DNB Bank ASA Trading Up 0.1 %

Shares of DNBBY stock traded up $0.03 on Thursday, reaching $20.43. 39,124 shares of the stock were exchanged, compared to its average volume of 71,252. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 3.37. The stock has a market cap of $31.67 billion, a P/E ratio of 8.44, a price-to-earnings-growth ratio of 1.53 and a beta of 1.30. The firm has a 50 day moving average of $20.46 and a two-hundred day moving average of $19.85. DNB Bank ASA has a 1-year low of $17.40 and a 1-year high of $21.58.

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) last announced its quarterly earnings results on Thursday, July 11th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.57 by $0.07. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.87 billion. DNB Bank ASA had a return on equity of 14.24% and a net margin of 18.94%. On average, research analysts anticipate that DNB Bank ASA will post 2.47 EPS for the current year.

DNB Bank ASA Company Profile

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.