Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Short Interest Up 20.9% in March

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 7,076,800 shares, an increase of 20.9% from the March 15th total of 5,851,900 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 17,692.0 days. Currently, 0.3% of the company’s shares are sold short.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

SVKEF remained flat at $14.91 during trading on Friday. The company has a fifty day simple moving average of $15.75 and a two-hundred day simple moving average of $14.68. The stock has a market cap of $30.37 billion, a P/E ratio of 9.09 and a beta of 0.53. Skandinaviska Enskilda Banken AB has a 1-year low of $12.59 and a 1-year high of $17.48. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.53 and a quick ratio of 1.44.

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

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.