Swedbank AB (publ) (OTCMKTS:SWDBF) Short Interest Up 39.5% in November

Swedbank AB (publ) (OTCMKTS:SWDBF) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 7,626,700 shares, an increase of 39.5% from the November 15th total of 5,468,200 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 4,486.3 days.

Swedbank AB (publ) Price Performance

SWDBF opened at $19.65 on Friday. Swedbank AB has a 52 week low of $18.87 and a 52 week high of $22.68. The firm has a 50-day simple moving average of $19.87 and a two-hundred day simple moving average of $20.29.

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.