Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Update

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 73,000 shares, a decrease of 19.9% from the February 13th total of 91,100 shares. Based on an average daily trading volume, of 254,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Svenska Handelsbanken AB (publ) Price Performance

Shares of SVNLY traded down $0.09 during midday trading on Thursday, hitting $6.52. 44,991 shares of the company traded hands, compared to its average volume of 111,975. The stock has a 50-day moving average of $5.93 and a 200-day moving average of $5.38. Svenska Handelsbanken AB has a one year low of $4.24 and a one year high of $6.65. The firm has a market cap of $25.82 billion, a P/E ratio of 10.03, a PEG ratio of 1.94 and a beta of 0.87. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.17 and a quick ratio of 2.08.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.62% and a net margin of 14.89%. As a group, sell-side analysts predict that Svenska Handelsbanken AB will post 0.54 EPS for the current fiscal year.

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Svenska Handelsbanken AB (publ) Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 17th. Investors of record on Friday, March 28th will be given a $0.7123 dividend. This is a boost from Svenska Handelsbanken AB (publ)'s previous dividend of $0.63. The ex-dividend date of this dividend is Friday, March 28th. Svenska Handelsbanken AB (publ)'s dividend payout ratio is 90.77%.

Svenska Handelsbanken AB (publ) Company Profile

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.