Swedbank AB (publ) (OTCMKTS:SWDBY) Short Interest Update

Swedbank AB (publ) (OTCMKTS:SWDBYGet Free Report) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 21,300 shares, a growth of 32.3% from the February 13th total of 16,100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 54,300 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of Swedbank AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Monday, February 3rd.

Read Our Latest Research Report on SWDBY

Swedbank AB (publ) Stock Performance

Shares of OTCMKTS:SWDBY traded up SEK 0.12 during midday trading on Tuesday, reaching SEK 26.13. The company’s stock had a trading volume of 7,000 shares, compared to its average volume of 23,746. The firm has a market capitalization of $29.40 billion, a PE ratio of 8.92, a P/E/G ratio of 0.93 and a beta of 0.93. The company has a quick ratio of 1.50, a current ratio of 1.52 and a debt-to-equity ratio of 3.63. The stock has a fifty day moving average of SEK 23.07 and a 200 day moving average of SEK 21.25. Swedbank AB has a twelve month low of SEK 18.52 and a twelve month high of SEK 26.50.

Swedbank AB (publ) (OTCMKTS:SWDBYGet Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported SEK 0.70 earnings per share (EPS) for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 16.95%. On average, equities analysts expect that Swedbank AB will post 2.34 EPS for the current fiscal year.

Swedbank AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 14th. Investors of record on Friday, March 28th will be issued a $1.9773 dividend. The ex-dividend date is Friday, March 28th. This is a boost from Swedbank AB (publ)’s previous dividend of $1.48. Swedbank AB (publ)’s payout ratio is 46.08%.

Swedbank AB (publ) Company Profile

(Get Free Report)

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.

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