Short Interest in Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Rises By 22.9%

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 5,851,900 shares, an increase of 22.9% from the February 28th total of 4,762,400 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 4,501.5 days.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

Shares of OTCMKTS SVKEF remained flat at $16.63 during midday trading on Tuesday. The company has a current ratio of 1.53, a quick ratio of 1.44 and a debt-to-equity ratio of 3.89. Skandinaviska Enskilda Banken AB has a one year low of $13.26 and a one year high of $17.48. The company’s 50-day moving average is $15.69 and its 200-day moving average is $14.77. The firm has a market capitalization of $33.88 billion, a P/E ratio of 10.14 and a beta of 0.81.

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

Skandinaviska Enskilda Banken AB (publ) Company Profile

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.