Nordea Bank Abp (OTCMKTS:NRDBY) Short Interest Update

Nordea Bank Abp (OTCMKTS:NRDBY) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 49,100 shares, a decrease of 63.1% from the September 30th total of 133,200 shares. Based on an average daily volume of 300,000 shares, the short-interest ratio is currently 0.2 days.

Nordea Bank Abp Price Performance

Shares of Nordea Bank Abp stock traded down $0.07 during midday trading on Friday, reaching $11.75. The company had a trading volume of 171,320 shares, compared to its average volume of 161,116. The stock has a fifty day simple moving average of $11.67 and a 200 day simple moving average of $11.80. Nordea Bank Abp has a 1-year low of $10.42 and a 1-year high of $12.90. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 6.78. The company has a market capitalization of $41.19 billion, a price-to-earnings ratio of 7.58, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Nordea Bank Abp to a “strong-buy” rating in a research report on Friday, September 27th.

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.