Nordea Bank Abp (OTCMKTS:NRDBY) Short Interest Update

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 49,100 shares, a drop of 63.1% from the September 30th total of 133,200 shares. Based on an average daily volume of 300,000 shares, the short-interest ratio is presently 0.2 days.

Nordea Bank Abp Price Performance

Shares of OTCMKTS NRDBY traded up $0.01 during mid-day trading on Friday, hitting $11.76. 270,245 shares of the stock traded hands, compared to its average volume of 146,507. The company has a market cap of $41.23 billion, a PE ratio of 7.59, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93. Nordea Bank Abp has a twelve month low of $10.42 and a twelve month high of $12.90. The company has a debt-to-equity ratio of 6.78, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a 50 day simple moving average of $11.67 and a two-hundred day simple moving average of $11.80.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Nordea Bank Abp to a "strong-buy" rating in a research report on Friday, September 27th.

About Nordea Bank Abp

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.