Swedbank AB (publ) (OTCMKTS:SWDBY) Short Interest Update

Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 4,500 shares, a decline of 78.9% from the February 28th total of 21,300 shares. Based on an average daily trading volume, of 39,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Swedbank AB (publ) from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd.

Swedbank AB (publ) Stock Performance

SWDBY traded down SEK 2.18 on Friday, hitting SEK 23.39. The company's stock had a trading volume of 39,000 shares, compared to its average volume of 23,695. The company's 50 day simple moving average is SEK 23.99 and its 200-day simple moving average is SEK 21.53. The company has a quick ratio of 1.50, a current ratio of 1.52 and a debt-to-equity ratio of 3.63. Swedbank AB has a 12 month low of SEK 18.52 and a 12 month high of SEK 26.56. The firm has a market cap of $26.32 billion, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 0.93 and a beta of 0.93.

Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share (EPS) for the quarter. Swedbank AB (publ) had a return on equity of 16.95% and a net margin of 23.64%. Analysts forecast that Swedbank AB will post 2.34 EPS for the current year.

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Swedbank AB (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 28th will be given a $1.9773 dividend. This is a positive change from Swedbank AB (publ)'s previous dividend of $1.48. The ex-dividend date of this dividend is Friday, March 28th. Swedbank AB (publ)'s dividend payout ratio (DPR) is 46.08%.

About Swedbank AB (publ)

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.