DNB Bank ASA (OTCMKTS:DNBBY) Short Interest Update

DNB Bank ASA (OTCMKTS:DNBBY) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 10,000 shares, a decrease of 60.3% from the January 31st total of 25,200 shares. Based on an average trading volume of 2,370,000 shares, the short-interest ratio is currently 0.0 days.

DNB Bank ASA Stock Up 0.3 %

OTCMKTS DNBBY traded up $0.08 during trading on Friday, reaching $22.94. 24,830 shares of the company’s stock traded hands, compared to its average volume of 435,211. The firm has a market cap of $34.24 billion, a price-to-earnings ratio of 8.40, a price-to-earnings-growth ratio of 8.45 and a beta of 1.30. The company’s 50 day simple moving average is $21.12 and its two-hundred day simple moving average is $20.81. The company has a debt-to-equity ratio of 3.57, a current ratio of 1.48 and a quick ratio of 1.42. DNB Bank ASA has a 12-month low of $17.40 and a 12-month high of $23.40.

DNB Bank ASA (OTCMKTS:DNBBY) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.62 by $0.12. DNB Bank ASA had a return on equity of 15.79% and a net margin of 20.70%. As a group, sell-side analysts forecast that DNB Bank ASA will post 2.43 EPS for the current fiscal year.

DNB Bank ASA Company Profile

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.