Swedbank AB (publ) (OTCMKTS:SWDBF) Short Interest Up 40.1% in March

Swedbank AB (publ) (OTCMKTS:SWDBF) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,998,500 shares, a growth of 40.1% from the March 15th total of 1,426,400 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 951.7 days.

Swedbank AB (publ) Trading Down 2.7 %

Shares of OTCMKTS:SWDBF opened at $19.63 on Friday. Swedbank AB has a 12-month low of $15.23 and a 12-month high of $22.68. The business’s fifty day simple moving average is $21.15 and its 200-day simple moving average is $19.52.

About Swedbank AB (publ)

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.