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

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) saw a significant decrease in short interest during 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 volume of 300 shares, the short-interest ratio is presently 18,262.7 days.

Skandinaviska Enskilda Banken AB (publ) Price Performance

SVKEF stock opened at $15.50 on Friday. The company has a debt-to-equity ratio of 4.50, a quick ratio of 1.42 and a current ratio of 1.42. The company’s 50 day moving average is $15.31 and its 200 day moving average is $14.63. Skandinaviska Enskilda Banken AB has a 1-year low of $11.10 and a 1-year high of $15.55.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last issued its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $0.42 EPS for the quarter. Skandinaviska Enskilda Banken AB (publ) had a net margin of 20.24% and a return on equity of 17.49%. The business had revenue of $1.90 billion for the quarter. Analysts expect that Skandinaviska Enskilda Banken AB will post 1.64 EPS for the current fiscal year.

About Skandinaviska Enskilda Banken AB (publ)

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.