Short Interest in Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Decreases By 19.9%

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 73,000 shares, a decrease of 19.9% from the February 13th total of 91,100 shares. Based on an average trading volume of 254,400 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Svenska Handelsbanken AB (publ) Trading Down 0.3 %

Shares of Svenska Handelsbanken AB (publ) stock traded down $0.02 during mid-day trading on Tuesday, hitting $6.51. The stock had a trading volume of 73,624 shares, compared to its average volume of 114,350. The firm has a 50-day moving average of $5.87 and a two-hundred day moving average of $5.36. Svenska Handelsbanken AB has a 12-month low of $4.24 and a 12-month high of $6.65. The company has a quick ratio of 2.08, a current ratio of 2.17 and a debt-to-equity ratio of 0.18. The firm has a market cap of $25.78 billion, a P/E ratio of 10.02, a price-to-earnings-growth ratio of 1.94 and a beta of 0.87.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a net margin of 14.89% and a return on equity of 13.62%. Sell-side analysts forecast that Svenska Handelsbanken AB will post 0.54 earnings per share for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 17th. Investors of record on Friday, March 28th will be issued a dividend of $0.7123 per share. The ex-dividend date is Friday, March 28th. This is an increase from Svenska Handelsbanken AB (publ)’s previous dividend of $0.63. Svenska Handelsbanken AB (publ)’s payout ratio is currently 90.77%.

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.