Swedbank AB (publ) (OTCMKTS:SWDBY) Short Interest Up 180.3% in January

Swedbank AB (publ) (OTCMKTS:SWDBY) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 52,700 shares, a growth of 180.3% from the December 31st total of 18,800 shares. Based on an average daily volume of 89,400 shares, the days-to-cover ratio is presently 0.6 days.

Swedbank AB (publ) Trading Down 1.9 %

Shares of Swedbank AB (publ) stock traded down SEK 0.42 on Friday, reaching SEK 21.80. 6,628 shares of the company’s stock were exchanged, compared to its average volume of 30,095. The company has a market capitalization of $24.53 billion, a P/E ratio of 7.44, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. Swedbank AB has a 52 week low of SEK 18.52 and a 52 week high of SEK 22.84. The firm’s 50-day moving average is SEK 20.31 and its two-hundred day moving average is SEK 20.48. 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 posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share (EPS) for the quarter. Swedbank AB (publ) had a return on equity of 17.32% and a net margin of 23.64%. Sell-side analysts predict that Swedbank AB will post 2.3 EPS for the current fiscal year.

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.