Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Down 89.4% in June

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 4,100 shares, a drop of 89.4% from the May 31st total of 38,700 shares. Based on an average trading volume of 234,700 shares, the days-to-cover ratio is presently 0.0 days.

Svenska Handelsbanken AB (publ) Stock Performance

Shares of OTCMKTS SVNLY opened at $4.67 on Friday. Svenska Handelsbanken AB has a one year low of $4.02 and a one year high of $6.01. The firm has a market capitalization of $18.49 billion, a PE ratio of 7.18, a PEG ratio of 1.40 and a beta of 0.85. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. The business has a 50-day moving average price of $4.60 and a two-hundred day moving average price of $5.12.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $0.15 EPS for the quarter. Svenska Handelsbanken AB (publ) had a return on equity of 13.93% and a net margin of 15.61%. The firm had revenue of $1.41 billion during the quarter. As a group, analysts predict that Svenska Handelsbanken AB will post 0.57 earnings per share 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.