Short Interest in Swedbank AB (publ) (OTCMKTS:SWDBY) Decreases By 69.5%

Swedbank AB (publ) (OTCMKTS:SWDBY) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 4,700 shares, a decrease 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 presently 0.2 days.

Swedbank AB (publ) Stock Up 0.7 %

OTCMKTS:SWDBY traded up SEK 0.13 during mid-day trading on Thursday, hitting SEK 19.24. 15,000 shares of the company’s stock traded hands, compared to its average volume of 12,730. The firm has a 50 day moving average of SEK 20.96 and a two-hundred day moving average of SEK 19.59. Swedbank AB has a 12 month low of SEK 15.17 and a 12 month high of SEK 22.84. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.49 and a quick ratio of 1.49.

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

Swedbank AB (publ) Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a dividend of $1.4797 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This is a positive change from Swedbank AB (publ)’s previous dividend of $0.76. Swedbank AB (publ)’s dividend payout ratio (DPR) is presently 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.