Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Decreases By 67.9%

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 9,500 shares, a decline of 67.9% from the March 15th total of 29,600 shares. Based on an average daily volume of 58,500 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's shares are short sold.

Analysts Set New Price Targets

Separately, Morgan Stanley restated an "overweight" rating on shares of Danske Bank A/S in a research report on Friday, March 7th.

Danske Bank A/S Trading Up 2.1 %

Shares of Danske Bank A/S stock traded up $0.34 on Friday, hitting $16.83. 29,566 shares of the company's stock traded hands, compared to its average volume of 50,091. The firm's 50-day moving average price is $16.65 and its two-hundred day moving average price is $15.35. The company has a debt-to-equity ratio of 7.47, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market capitalization of $28.57 billion, a PE ratio of 8.42 and a beta of 0.73. Danske Bank A/S has a one year low of $13.50 and a one year high of $18.20.

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.51 EPS for the quarter. Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. On average, research analysts expect that Danske Bank A/S will post 1.84 EPS for the current fiscal year.

Danske Bank A/S Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th were paid a $0.7642 dividend. The ex-dividend date was Monday, March 24th. This is a boost from Danske Bank A/S's previous dividend of $0.46. Danske Bank A/S's dividend payout ratio is 75.50%.

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.