Short Interest in Nordea Bank Abp (OTCMKTS:NRDBY) Expands By 1,533.8%

Nordea Bank Abp (OTCMKTS:NRDBYGet Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 106,200 shares, an increase of 1,533.8% from the April 30th total of 6,500 shares. Based on an average trading volume of 398,100 shares, the days-to-cover ratio is presently 0.3 days.

Nordea Bank Abp Stock Performance

Shares of NRDBY stock traded up $0.09 during trading hours on Wednesday, hitting $12.29. The company’s stock had a trading volume of 54,710 shares, compared to its average volume of 132,261. Nordea Bank Abp has a 12-month low of $9.81 and a 12-month high of $12.90. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 6.78. The stock has a market cap of $43.08 billion, a PE ratio of 7.93, a price-to-earnings-growth ratio of 0.77 and a beta of 0.97. The company has a 50 day moving average of $11.80 and a 200 day moving average of $11.91.

Nordea Bank Abp (OTCMKTS:NRDBYGet Free Report) last issued its quarterly earnings data on Thursday, April 25th. The company reported $0.41 earnings per share (EPS) for the quarter. Nordea Bank Abp had a return on equity of 17.11% and a net margin of 20.20%. The business had revenue of $3.35 billion during the quarter. On average, sell-side analysts forecast that Nordea Bank Abp will post 1.51 EPS for the current fiscal year.

About Nordea Bank Abp

(Get Free Report)

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.

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