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

Swedbank AB (publ) (OTCMKTS:SWDBY) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 38,800 shares, a decrease of 26.4% from the December 31st total of 52,700 shares. Based on an average trading volume of 61,000 shares, the days-to-cover ratio is presently 0.6 days.

Swedbank AB (publ) Trading Down 1.9 %

SWDBY traded down SEK 0.42 on Friday, hitting SEK 21.80. 6,600 shares of the company were exchanged, compared to its average volume of 29,297. The stock has a market capitalization of $24.53 billion, a PE ratio of 7.44, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. Swedbank AB has a 12 month low of SEK 18.52 and a 12 month high of SEK 22.84. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.50 and a current ratio of 1.50. The firm has a fifty day simple moving average of SEK 20.36 and a two-hundred day simple moving average of SEK 20.49.

Swedbank AB (publ) (OTCMKTS:SWDBY) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported SEK 0.70 EPS for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 17.32%. Sell-side analysts expect that Swedbank AB will post 2.3 earnings per share for the current year.

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.