DNB Bank ASA (OTCMKTS:DNBBY) Short Interest Update

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 7,000 shares, an increase of 337.5% from the December 31st total of 1,600 shares. Based on an average trading volume of 190,200 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of DNB Bank ASA to a "hold" rating in a research note on Friday, October 11th.

DNB Bank ASA Stock Performance

Shares of DNBBY stock traded down $0.05 on Friday, hitting $21.56. The company had a trading volume of 41,365 shares, compared to its average volume of 66,113. DNB Bank ASA has a twelve month low of $17.40 and a twelve month high of $22.07. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 3.49. The firm has a market cap of $32.18 billion, a P/E ratio of 8.49, a price-to-earnings-growth ratio of 1.79 and a beta of 1.30. The company has a 50-day moving average price of $20.57 and a 200-day moving average price of $20.56.

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.