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

Swedbank AB (publ) (OTCMKTS:SWDBY) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 4,700 shares, a decline of 69.5% from the March 31st total of 15,400 shares. Based on an average daily trading volume, of 24,500 shares, the days-to-cover ratio is currently 0.2 days.

Swedbank AB (publ) Stock Performance

Shares of Swedbank AB (publ) stock traded up SEK 0.13 on Friday, reaching SEK 19.24. 15,000 shares of the company were exchanged, compared to its average volume of 12,730. Swedbank AB has a 1-year low of SEK 15.17 and a 1-year high of SEK 22.84. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.49 and a current ratio of 1.49. The stock’s 50 day moving average price is SEK 20.96 and its 200-day moving average price is SEK 19.59.

Swedbank AB (publ) (OTCMKTS:SWDBY) last announced its quarterly earnings results on Tuesday, January 30th. The financial services provider reported SEK 0.69 earnings per share (EPS) for the quarter. The firm had revenue of SEK 1.79 billion during the quarter. Swedbank AB (publ) had a return on equity of 18.57% and a net margin of 27.42%. Research analysts anticipate that Swedbank AB will post 2.21 EPS for the current year.

Swedbank AB (publ) Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $1.4797 dividend. This is a positive change from Swedbank AB (publ)’s previous dividend of $0.76. The ex-dividend date was Wednesday, March 27th. Swedbank AB (publ)’s dividend payout ratio is currently 34.04%.

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.