Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Update

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 33,400 shares, a decrease of 50.9% from the December 15th total of 68,000 shares. Based on an average trading volume of 387,200 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Svenska Handelsbanken AB (publ) to a “strong sell” rating in a research report on Friday, September 27th.

Svenska Handelsbanken AB (publ) Price Performance

Shares of OTCMKTS SVNLY opened at $5.21 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.08 and a current ratio of 2.08. The firm has a fifty day moving average of $5.13 and a 200 day moving average of $5.02. The firm has a market cap of $20.63 billion, a PE ratio of 7.89, a PEG ratio of 1.38 and a beta of 0.83. Svenska Handelsbanken AB has a one year low of $4.24 and a one year high of $6.01.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last released its earnings results on Wednesday, October 23rd. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $1.45 billion during the quarter. Svenska Handelsbanken AB (publ) had a net margin of 14.66% and a return on equity of 13.65%. As a group, research analysts predict that Svenska Handelsbanken AB will post 0.64 EPS for the current fiscal year.

About Svenska Handelsbanken AB (publ)

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.