Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Increases By 1,125.3%

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 116,400 shares, an increase of 1,125.3% from the March 31st total of 9,500 shares. Based on an average daily volume of 204,100 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Danske Bank A/S Stock Performance

Shares of DNKEY stock traded up $0.22 during mid-day trading on Friday, reaching $16.99. The stock had a trading volume of 18,759 shares, compared to its average volume of 49,351. Danske Bank A/S has a one year low of $13.50 and a one year high of $18.20. The firm has a market cap of $28.83 billion, a PE ratio of 8.49 and a beta of 0.73. The firm's 50 day simple moving average is $16.68 and its 200 day simple moving average is $15.42. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 7.47.

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 earnings per share (EPS) for the quarter. Danske Bank A/S had a net margin of 41.90% and a return on equity of 13.35%. On average, analysts forecast that Danske Bank A/S will post 1.84 EPS for the current year.

Danske Bank A/S Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th were issued a dividend of $0.7642 per share. This is an increase from Danske Bank A/S's previous dividend of $0.46. The ex-dividend date of this dividend was Monday, March 24th. Danske Bank A/S's payout ratio is presently 75.50%.

Wall Street Analysts Forecast Growth

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

Danske Bank A/S Company Profile

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.

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