Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Update

Danske Bank A/S (OTCMKTS:DNKEY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 44,700 shares, a growth of 939.5% from the November 30th total of 4,300 shares. Based on an average daily trading volume, of 71,900 shares, the days-to-cover ratio is presently 0.6 days.

Danske Bank A/S Stock Performance

DNKEY stock traded up $0.03 during midday trading on Thursday, reaching $14.04. 53,309 shares of the company’s stock traded hands, compared to its average volume of 26,252. The stock’s 50-day moving average is $14.58 and its 200 day moving average is $14.91. The stock has a market cap of $23.83 billion, a P/E ratio of 7.13 and a beta of 0.93. Danske Bank A/S has a 52-week low of $13.25 and a 52-week high of $16.23. 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 posted its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.53 earnings per share for the quarter. Danske Bank A/S had a return on equity of 13.40% and a net margin of 42.04%. The firm had revenue of $2.04 billion for the quarter. As a group, analysts anticipate that Danske Bank A/S will post 1.98 EPS for the current year.

Danske Bank A/S Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 19th will be given a $0.4604 dividend. This is an increase from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date is Thursday, December 19th. Danske Bank A/S’s payout ratio is presently 39.09%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on DNKEY shares. UBS Group upgraded shares of Danske Bank A/S to a “strong-buy” rating in a report on Monday, October 7th. The Goldman Sachs Group raised Danske Bank A/S to a “hold” rating in a report on Friday, September 27th. Finally, Barclays upgraded shares of Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st.

Danske Bank A/S Company Profile

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.