Short Interest in Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Declines By 76.4%

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,500 shares, a decrease of 76.4% from the January 15th total of 10,600 shares. Based on an average daily volume of 232,300 shares, the days-to-cover ratio is presently 0.0 days.

Svenska Handelsbanken AB (publ) Price Performance

Svenska Handelsbanken AB (publ) stock remained flat at $5.85 during trading hours on Wednesday. 61,481 shares of the company’s stock traded hands, compared to its average volume of 116,787. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.15. The firm’s fifty day moving average price is $5.32 and its 200-day moving average price is $5.12. Svenska Handelsbanken AB has a 52-week low of $4.24 and a 52-week high of $6.01.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.86% and a net margin of 14.89%. On average, analysts expect that Svenska Handelsbanken AB will post 0.5 EPS for the current fiscal year.

About Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.