Short Interest in Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Declines By 23.7%

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 5,398,800 shares, a decrease of 23.7% from the March 31st total of 7,076,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 739.6 days.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

Shares of SVKEF opened at $15.56 on Friday. The stock has a market capitalization of $31.70 billion, a PE ratio of 9.49 and a beta of 0.53. The business’s fifty day moving average price is $15.65 and its 200 day moving average price is $14.70. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.53 and a quick ratio of 1.44. Skandinaviska Enskilda Banken AB has a 12-month low of $12.59 and a 12-month high of $17.48.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last posted its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.02). Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.21% and a net margin of 19.29%. The business had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $18.93 billion.

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.