Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Short Interest Update

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF - Get Free Report) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 4,340,900 shares, a decrease of 27.6% from the November 15th total of 5,994,500 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 5,426.1 days.

Skandinaviska Enskilda Banken AB (publ) Price Performance

OTCMKTS:SVKEF remained flat at $14.45 during trading hours on Friday. The company had a trading volume of 31 shares, compared to its average volume of 224. The firm has a market capitalization of $31.21 billion, a P/E ratio of 8.60 and a beta of 0.77. The company has a debt-to-equity ratio of 4.29, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a fifty day moving average of $14.27 and a 200 day moving average of $14.78. Skandinaviska Enskilda Banken AB has a 1-year low of $13.16 and a 1-year high of $15.55.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.44 EPS for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.84% and a net margin of 19.50%. The business had revenue of $2.01 billion during the quarter. As a group, equities research analysts anticipate that Skandinaviska Enskilda Banken AB will post 1.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SVKEF has been the topic of a number of recent research reports. BNP Paribas upgraded Skandinaviska Enskilda Banken AB (publ) to a "hold" rating in a research note on Tuesday, October 1st. The Goldman Sachs Group upgraded shares of Skandinaviska Enskilda Banken AB (publ) to a "hold" rating in a research note on Friday, September 27th.

Skandinaviska Enskilda Banken AB (publ) Company Profile

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.

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