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

Swedbank AB (publ) (OTCMKTS:SWDBY) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 15,400 shares, a decrease of 32.5% from the March 15th total of 22,800 shares. Based on an average daily volume of 26,500 shares, the short-interest ratio is presently 0.6 days.

Swedbank AB (publ) Price Performance

Shares of OTCMKTS SWDBY opened at SEK 19.80 on Friday. Swedbank AB has a 12-month low of SEK 15.17 and a 12-month high of SEK 22.84. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 4.59. The stock has a fifty day moving average price of SEK 21.09 and a 200 day moving average price of SEK 19.50.

Swedbank AB (publ) (OTCMKTS:SWDBY) last announced its quarterly earnings results on Tuesday, January 30th. The financial services provider reported SEK 0.69 earnings per share (EPS) 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. On average, analysts expect that Swedbank AB will post 2.21 EPS for the current fiscal year.

Swedbank AB (publ) Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be issued a $1.4797 dividend. This is an increase from Swedbank AB (publ)’s previous dividend of $0.76. The ex-dividend date of this dividend is Wednesday, March 27th. Swedbank AB (publ)’s dividend payout ratio is currently 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.