Short Interest in Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Grows By 29.3%

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 2,870,300 shares, a growth of 29.3% from the June 30th total of 2,219,500 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 1,510.7 days.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

Skandinaviska Enskilda Banken AB (publ) stock opened at $15.29 on Tuesday. The firm has a 50 day simple moving average of $14.74 and a 200-day simple moving average of $14.38. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.48 and a quick ratio of 1.48. Skandinaviska Enskilda Banken AB has a 1-year low of $11.10 and a 1-year high of $15.29.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last released its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $0.42 EPS for the quarter. The firm had revenue of $1.90 billion for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 17.48% and a net margin of 20.24%. Sell-side analysts anticipate that Skandinaviska Enskilda Banken AB will post 1.64 earnings per share for the current year.

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.