Danske Bank A/S (OTCMKTS:DNKEY) Sees Large Growth in Short Interest

Danske Bank A/S (OTCMKTS:DNKEY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 31,100 shares, an increase of 204.9% from the May 31st total of 10,200 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 1.3 days.

Danske Bank A/S Stock Performance

Shares of OTCMKTS:DNKEY traded up $0.21 on Friday, hitting $15.03. 19,289 shares of the company’s stock were exchanged, compared to its average volume of 13,813. The firm’s 50-day moving average is $14.74 and its 200 day moving average is $14.40. Danske Bank A/S has a 1-year low of $10.65 and a 1-year high of $15.59. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 7.32.

Danske Bank A/S (OTCMKTS:DNKEY) last announced its earnings results on Friday, May 3rd. The financial services provider reported $0.47 earnings per share (EPS) for the quarter. The firm had revenue of $2.03 billion during the quarter. Danske Bank A/S had a return on equity of 12.64% and a net margin of 41.00%. On average, equities research analysts forecast that Danske Bank A/S will post 1.82 EPS for the current fiscal year.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.