DNB Bank ASA (OTCMKTS:DNBBY) Short Interest Up 149.5% in January

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 25,200 shares, an increase of 149.5% from the January 15th total of 10,100 shares. Based on an average daily trading volume, of 111,900 shares, the days-to-cover ratio is currently 0.2 days.

DNB Bank ASA Trading Up 0.6 %

Shares of DNB Bank ASA stock traded up $0.13 during trading on Friday, hitting $21.53. The company's stock had a trading volume of 37,621 shares, compared to its average volume of 260,613. The company has a debt-to-equity ratio of 3.49, a current ratio of 1.42 and a quick ratio of 1.42. DNB Bank ASA has a 52 week low of $17.40 and a 52 week high of $22.11. The stock has a market cap of $32.13 billion, a price-to-earnings ratio of 7.89, a price-to-earnings-growth ratio of 1.75 and a beta of 1.30. The stock has a 50-day moving average price of $20.67 and a two-hundred day moving average price of $20.63.

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.12. DNB Bank ASA had a net margin of 20.70% and a return on equity of 15.84%. Equities research analysts anticipate that DNB Bank ASA will post 2.22 EPS for the current fiscal 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.