Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Down 31.1% in December

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 68,000 shares, a decrease of 31.1% from the November 30th total of 98,700 shares. Based on an average daily volume of 272,700 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Svenska Handelsbanken AB (publ) to a “strong sell” rating in a research note on Friday, September 27th.

Svenska Handelsbanken AB (publ) Price Performance

OTCMKTS:SVNLY traded up $0.03 during midday trading on Friday, hitting $5.13. The company had a trading volume of 68,200 shares, compared to its average volume of 193,001. The company has a market capitalization of $20.30 billion, a PE ratio of 7.77, a P/E/G ratio of 1.38 and a beta of 0.84. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.15. Svenska Handelsbanken AB has a 52-week low of $4.24 and a 52-week high of $6.01. The stock’s fifty day moving average price is $5.11 and its 200-day moving average price is $4.98.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $1.45 billion during the quarter. Svenska Handelsbanken AB (publ) had a return on equity of 13.65% and a net margin of 14.66%. As a group, research analysts expect that Svenska Handelsbanken AB will post 0.64 earnings per share for the current year.

Svenska Handelsbanken AB (publ) Company Profile

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.