Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Decreases By 86.9%

Danske Bank A/S (OTCMKTS:DNKEY) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 4,300 shares, a drop of 86.9% from the November 15th total of 32,900 shares. Based on an average daily trading volume, of 58,300 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Barclays raised Danske Bank A/S to a “strong sell” rating in a research note on Tuesday, October 1st. The Goldman Sachs Group upgraded Danske Bank A/S to a “hold” rating in a research report on Friday, September 27th. Finally, UBS Group raised Danske Bank A/S to a “strong-buy” rating in a research note on Monday, October 7th.

Danske Bank A/S Trading Down 0.3 %

Shares of Danske Bank A/S stock traded down $0.05 during trading on Wednesday, reaching $15.36. 20,188 shares of the stock were exchanged, compared to its average volume of 24,966. Danske Bank A/S has a 1 year low of $12.71 and a 1 year high of $16.23. The firm has a market cap of $26.07 billion, a price-to-earnings ratio of 7.80 and a beta of 0.93. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 7.32. The stock’s fifty day moving average is $14.58 and its 200 day moving average is $14.96.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. Danske Bank A/S had a net margin of 42.04% and a return on equity of 13.40%. The business had revenue of $2.04 billion for the quarter. As a group, equities research analysts expect that Danske Bank A/S will post 1.98 earnings per share for the current fiscal year.

Danske Bank A/S Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 19th will be issued a $0.4604 dividend. This is an increase from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date is Thursday, December 19th. Danske Bank A/S’s dividend payout ratio is 39.09%.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.