Short Interest in Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Declines By 20.2%

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 3,992,600 shares, a decline of 20.2% from the January 31st total of 5,004,900 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is presently 539.5 days.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

SVKEF opened at $16.30 on Tuesday. Skandinaviska Enskilda Banken AB has a 52-week low of $13.26 and a 52-week high of $16.30. The business’s fifty day moving average is $14.40 and its 200-day moving average is $14.57. The company has a debt-to-equity ratio of 3.89, a quick ratio of 1.44 and a current ratio of 1.53. The firm has a market cap of $33.20 billion, a P/E ratio of 9.94 and a beta of 0.76.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.34 earnings per share for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.21% and a net margin of 19.29%.

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.