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

Swedbank AB (publ) (OTCMKTS:SWDBF) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 1,655,900 shares, a drop of 15.2% from the August 31st total of 1,953,300 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 360.0 days.

Swedbank AB (publ) Stock Performance

OTCMKTS:SWDBF opened at $21.54 on Monday. The firm has a 50-day simple moving average of $20.73 and a 200-day simple moving average of $20.43. Swedbank AB has a one year low of $15.90 and a one year high of $22.68.

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.