Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Sees Large Increase in Short Interest

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 5,851,900 shares, an increase of 22.9% from the February 28th total of 4,762,400 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 4,501.5 days. Currently, 0.3% of the shares of the company are short sold.

Skandinaviska Enskilda Banken AB (publ) Price Performance

Shares of OTCMKTS SVKEF opened at $15.50 on Thursday. The company has a quick ratio of 1.44, a current ratio of 1.53 and a debt-to-equity ratio of 3.89. The company has a market capitalization of $31.57 billion, a PE ratio of 9.45 and a beta of 0.81. The stock’s 50 day moving average price is $15.78 and its 200-day moving average price is $14.79. Skandinaviska Enskilda Banken AB has a twelve month low of $13.26 and a twelve month high of $17.48.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last announced its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.21% and a net margin of 19.29%.

About Skandinaviska Enskilda Banken AB (publ)

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.