Swedbank AB (publ) (OTCMKTS:SWDBY) Sees Large Increase in Short Interest

Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 52,700 shares, an increase of 180.3% from the December 31st total of 18,800 shares. Based on an average daily volume of 89,400 shares, the short-interest ratio is currently 0.6 days.

Swedbank AB (publ) Stock Performance

SWDBY traded down SEK 0.42 during trading hours on Friday, hitting SEK 21.80. The company's stock had a trading volume of 6,600 shares, compared to its average volume of 29,297. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 4.28. Swedbank AB has a fifty-two week low of SEK 18.52 and a fifty-two week high of SEK 22.84. The company has a 50-day simple moving average of SEK 20.36 and a 200 day simple moving average of SEK 20.49. The firm has a market capitalization of $24.53 billion, a PE ratio of 7.44, a PEG ratio of 0.88 and a beta of 0.91.

Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 17.32%. As a group, sell-side analysts expect that Swedbank AB will post 2.3 EPS for the current year.

Swedbank AB (publ) Company Profile

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.