Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Update

Danske Bank A/S (OTCMKTS:DNKEY) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 32,900 shares, an increase of 406.2% from the October 31st total of 6,500 shares. Based on an average trading volume of 60,500 shares, the days-to-cover ratio is currently 0.5 days.

Danske Bank A/S Trading Up 0.2 %

OTCMKTS:DNKEY traded up $0.03 during midday trading on Wednesday, hitting $14.05. 28,790 shares of the company traded hands, compared to its average volume of 31,580. The firm’s fifty day moving average is $14.71 and its 200-day moving average is $14.95. Danske Bank A/S has a 12-month low of $12.71 and a 12-month high of $16.23. The firm has a market capitalization of $23.84 billion, a P/E ratio of 7.13 and a beta of 0.94. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 7.32.

Danske Bank A/S (OTCMKTS:DNKEY) last released its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.53 earnings per share for the quarter. Danske Bank A/S had a return on equity of 13.40% and a net margin of 42.04%. The company had revenue of $2.04 billion for the quarter. On average, sell-side analysts predict that Danske Bank A/S will post 1.98 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. The Goldman Sachs Group raised Danske Bank A/S to a “hold” rating in a report on Friday, September 27th. UBS Group raised Danske Bank A/S to a “strong-buy” rating in a report on Monday, October 7th. Finally, Barclays raised Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st.

Danske Bank A/S Company Profile

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.