Swedbank AB (publ) (OTCMKTS:SWDBY – Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 4,700 shares, a drop of 69.5% from the March 31st total of 15,400 shares. Based on an average daily volume of 24,500 shares, the days-to-cover ratio is currently 0.2 days.
Swedbank AB (publ) Stock Down 0.7 %
SWDBY stock traded down SEK 0.13 during midday trading on Friday, reaching SEK 19.11. 13,800 shares of the company were exchanged, compared to its average volume of 16,501. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 4.59. Swedbank AB has a 1-year low of SEK 15.17 and a 1-year high of SEK 22.84. The stock’s 50-day simple moving average is SEK 20.92 and its 200 day simple moving average is SEK 19.59.
Swedbank AB (publ) (OTCMKTS:SWDBY – Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported SEK 0.72 earnings per share for the quarter. Swedbank AB (publ) had a net margin of 26.65% and a return on equity of 18.67%. The firm had revenue of SEK 1.74 billion for the quarter. Analysts forecast that Swedbank AB will post 2.21 EPS for the current fiscal year.
Swedbank AB (publ) Increases Dividend
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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