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

Swedbank AB (publ) (OTCMKTS:SWDBY) was the target of a large 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 trading volume of 24,500 shares, the days-to-cover ratio is currently 0.2 days.

Swedbank AB (publ) Trading Down 0.7 %

Shares of OTCMKTS:SWDBY traded down SEK 0.13 during trading on Friday, hitting SEK 19.11. 13,800 shares of the stock were exchanged, compared to its average volume of 16,501. The company has a fifty day moving average price of SEK 20.92 and a two-hundred day moving average price of SEK 19.59. 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 has a 12-month low of SEK 15.17 and a 12-month high of SEK 22.84.

Swedbank AB (publ) (OTCMKTS:SWDBY) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported SEK 0.72 EPS for the quarter. Swedbank AB (publ) had a return on equity of 18.67% and a net margin of 26.65%. The business had revenue of SEK 1.74 billion for the quarter. On average, research analysts expect that Swedbank AB will post 2.21 EPS for the current fiscal year.

Swedbank AB (publ) Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $1.4797 dividend. 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 is presently 33.11%.

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.