Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Grows By 204.9%

Danske Bank A/S (OTCMKTS:DNKEYGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 31,100 shares, an increase of 204.9% from the May 31st total of 10,200 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 1.3 days.

Danske Bank A/S Stock Down 0.7 %

Shares of DNKEY traded down $0.11 during mid-day trading on Thursday, hitting $14.82. 8,754 shares of the company traded hands, compared to its average volume of 16,953. The stock has a 50-day moving average price of $14.72 and a two-hundred day moving average price of $14.37. Danske Bank A/S has a 1 year low of $10.65 and a 1 year high of $15.59. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 7.32.

Danske Bank A/S (OTCMKTS:DNKEYGet Free Report) last announced its earnings results on Friday, May 3rd. The financial services provider reported $0.47 earnings per share for the quarter. The business had revenue of $2.03 billion during the quarter. Danske Bank A/S had a net margin of 41.00% and a return on equity of 12.64%. On average, equities analysts forecast that Danske Bank A/S will post 1.82 earnings per share for the current year.

About Danske Bank A/S

(Get Free Report)

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.

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