Swedbank AB (publ) (OTCMKTS:SWDBY – Get 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
Swedbank AB (publ) (OTCMKTS:SWDBY – Get 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
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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