Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Up 3,544.0% in February

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 91,100 shares, a growth of 3,544.0% from the January 31st total of 2,500 shares. Based on an average daily volume of 166,700 shares, the days-to-cover ratio is currently 0.5 days.

Svenska Handelsbanken AB (publ) Stock Performance

OTCMKTS SVNLY traded up $0.03 on Thursday, hitting $6.36. 390,214 shares of the stock traded hands, compared to its average volume of 117,876. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.08 and a current ratio of 2.17. The business’s fifty day moving average is $5.52 and its two-hundred day moving average is $5.22. Svenska Handelsbanken AB has a 12 month low of $4.24 and a 12 month high of $6.39. The firm has a market capitalization of $25.19 billion, a price-to-earnings ratio of 9.78, a PEG ratio of 1.94 and a beta of 0.83.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a net margin of 14.89% and a return on equity of 13.62%. As a group, equities analysts anticipate that Svenska Handelsbanken AB will post 0.54 EPS for the current fiscal year.

About Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.