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

Swedbank AB (publ) (OTCMKTS:SWDBY) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 18,800 shares, a decline of 56.9% from the November 30th total of 43,600 shares. Based on an average daily volume of 87,900 shares, the short-interest ratio is presently 0.2 days.

Swedbank AB (publ) Price Performance

Shares of OTCMKTS SWDBY traded up SEK 0.01 during midday trading on Friday, reaching SEK 19.67. The stock had a trading volume of 32,800 shares, compared to its average volume of 20,301. The company has a market capitalization of $22.27 billion, a price-to-earnings ratio of 6.74, a price-to-earnings-growth ratio of 0.69 and a beta of 0.93. Swedbank AB has a 12-month low of SEK 18.52 and a 12-month high of SEK 22.84. The stock has a 50-day moving average of SEK 19.90 and a 200-day moving average of SEK 20.42. 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 (publ) (OTCMKTS:SWDBY) last issued its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported SEK 0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of SEK 0.68 by SEK 0.12. Swedbank AB (publ) had a return on equity of 17.38% and a net margin of 25.27%. The business had revenue of SEK 3.37 billion during the quarter. As a group, research analysts anticipate that Swedbank AB will post 2.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Swedbank AB (publ) to a “hold” rating in a research report on Friday, September 27th.

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.