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

Swedbank AB (publ) (OTCMKTS:SWDBY) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 38,800 shares, a drop of 26.4% from the December 31st total of 52,700 shares. Based on an average daily volume of 61,000 shares, the days-to-cover ratio is currently 0.6 days.

Swedbank AB (publ) Price Performance

Shares of OTCMKTS:SWDBY opened at SEK 22.21 on Friday. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.50 and a current ratio of 1.50. Swedbank AB has a 52 week low of SEK 18.52 and a 52 week high of SEK 22.84. The firm has a market cap of $24.99 billion, a PE ratio of 7.61, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. The firm’s fifty day moving average is SEK 20.26 and its 200-day moving average is SEK 20.47.

Swedbank AB (publ) (OTCMKTS:SWDBY) last announced its earnings results on Thursday, January 23rd. The financial services provider reported SEK 0.70 EPS for the quarter. Swedbank AB (publ) had a return on equity of 17.38% and a net margin of 25.27%. Sell-side analysts predict that Swedbank AB will post 2.52 earnings per share for the current year.

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.