Swedbank AB (publ) (OTCMKTS:SWDBF) Sees Significant Growth in Short Interest

Swedbank AB (publ) (OTCMKTS:SWDBF) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 7,626,700 shares, an increase of 39.5% from the November 15th total of 5,468,200 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 4,486.3 days.

Swedbank AB (publ) Price Performance

Shares of OTCMKTS SWDBF opened at $19.65 on Friday. The business has a fifty day simple moving average of $19.87 and a two-hundred day simple moving average of $20.29. Swedbank AB has a twelve month low of $18.87 and a twelve month high of $22.68.

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.