Swedbank AB (publ) (OTCMKTS:SWDBY) Short Interest Up 127.0% in September

Swedbank AB (publ) (OTCMKTS:SWDBY) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 32,000 shares, a growth of 127.0% from the August 31st total of 14,100 shares. Based on an average daily volume of 26,800 shares, the days-to-cover ratio is currently 1.2 days.

Swedbank AB (publ) Price Performance

SWDBY stock opened at SEK 21.54 on Friday. The stock has a market cap of $24.38 billion, a price-to-earnings ratio of 7.35, a P/E/G ratio of 0.78 and a beta of 0.93. The company has a debt-to-equity ratio of 4.52, a current ratio of 1.53 and a quick ratio of 1.53. The company has a 50 day simple moving average of SEK 20.94 and a 200 day simple moving average of SEK 20.62. Swedbank AB has a 1 year low of SEK 15.80 and a 1 year high of SEK 22.84.

Swedbank AB (publ) (OTCMKTS:SWDBY) last announced its quarterly earnings results on Tuesday, July 16th. The financial services provider reported SEK 0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of SEK 0.67 by SEK 0.04. Swedbank AB (publ) had a net margin of 25.41% and a return on equity of 17.66%. The company had revenue of SEK 1.71 billion during the quarter, compared to the consensus estimate of SEK 1.68 billion. Research analysts anticipate that Swedbank AB will post 2.49 EPS for the current fiscal year.

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.