Nordea Bank Abp (OTCMKTS:NRDBY) Short Interest Up 28.5% in September

Nordea Bank Abp (OTCMKTS:NRDBY) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 56,300 shares, a growth of 28.5% from the August 31st total of 43,800 shares. Based on an average trading volume of 602,600 shares, the short-interest ratio is presently 0.1 days.

Nordea Bank Abp Price Performance

Shares of NRDBY traded up $0.07 during trading hours on Friday, reaching $11.95. The stock had a trading volume of 85,060 shares, compared to its average volume of 144,118. Nordea Bank Abp has a 12 month low of $10.42 and a 12 month high of $12.90. The stock has a market capitalization of $41.89 billion, a PE ratio of 7.71, a PEG ratio of 0.75 and a beta of 0.94. The company has a debt-to-equity ratio of 6.78, a quick ratio of 1.31 and a current ratio of 1.31. The company’s 50-day moving average is $11.59 and its two-hundred day moving average is $11.81.

Nordea Bank Abp (OTCMKTS:NRDBY) last announced its earnings results on Monday, July 15th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.01. The business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.25 billion. Nordea Bank Abp had a return on equity of 16.82% and a net margin of 19.60%. Research analysts expect that Nordea Bank Abp will post 1.52 EPS for the current year.

About Nordea Bank Abp

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.