Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Sees Large Drop in Short Interest

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 300 shares, a decline of 92.9% from the March 31st total of 4,200 shares. Based on an average daily volume of 341,200 shares, the days-to-cover ratio is presently 0.0 days.

Svenska Handelsbanken AB (publ) Trading Down 2.7 %

Shares of SVNLY stock traded down $0.12 during trading hours on Friday, reaching $4.40. The company had a trading volume of 563,420 shares, compared to its average volume of 164,800. Svenska Handelsbanken AB has a 1-year low of $3.87 and a 1-year high of $6.01. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.15 and a quick ratio of 2.15. The firm has a market cap of $17.42 billion, a price-to-earnings ratio of 6.38, a P/E/G ratio of 1.32 and a beta of 0.86. The company has a 50 day moving average of $5.42 and a 200 day moving average of $5.10.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last posted its earnings results on Wednesday, February 7th. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $1.49 billion during the quarter. Svenska Handelsbanken AB (publ) had a return on equity of 13.80% and a net margin of 15.61%. On average, equities research analysts anticipate that Svenska Handelsbanken AB will post 0.58 EPS for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 11th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.6294 per share. The ex-dividend date was Thursday, March 21st. This is a positive change from Svenska Handelsbanken AB (publ)’s previous dividend of $0.27. Svenska Handelsbanken AB (publ)’s payout ratio is currently 55.07%.

Svenska Handelsbanken AB (publ) Company Profile

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.