Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Sees Large Decline in Short Interest

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 5,478,800 shares, a decrease of 14.1% from the August 31st total of 6,380,600 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 18,262.7 days.

Skandinaviska Enskilda Banken AB (publ) Price Performance

Shares of SVKEF opened at $15.50 on Friday. The business’s 50-day moving average price is $15.31 and its 200-day moving average price is $14.63. Skandinaviska Enskilda Banken AB has a twelve month low of $11.10 and a twelve month high of $15.55. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 4.50.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last announced its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $0.42 earnings per share for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 17.49% and a net margin of 20.24%. The firm had revenue of $1.90 billion for the quarter. On average, analysts predict that Skandinaviska Enskilda Banken AB will post 1.64 earnings per share for the current year.

Skandinaviska Enskilda Banken AB (publ) Company Profile

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.