Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Sees Large Decline in Short Interest

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a decline of 92.9% from the March 31st total of 4,200 shares. Based on an average trading volume of 341,200 shares, the short-interest ratio is currently 0.0 days.

Svenska Handelsbanken AB (publ) Trading Down 2.7 %

Shares of OTCMKTS SVNLY traded down $0.12 during trading on Friday, hitting $4.40. 563,420 shares of the company traded hands, compared to its average volume of 164,800. Svenska Handelsbanken AB has a 1 year low of $3.87 and a 1 year high of $6.01. The company has a 50-day moving average price of $5.42 and a 200-day moving average price of $5.10. The firm has a market capitalization of $17.42 billion, a P/E ratio of 6.38, a P/E/G ratio of 1.32 and a beta of 0.86. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.21.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.16 EPS for the quarter. Svenska Handelsbanken AB (publ) had a net margin of 15.61% and a return on equity of 13.80%. The firm had revenue of $1.49 billion for the quarter. On average, equities analysts predict that Svenska Handelsbanken AB will post 0.58 EPS for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 11th. Investors of record on Friday, March 22nd were paid a dividend of $0.6294 per share. This is a positive change from Svenska Handelsbanken AB (publ)’s previous dividend of $0.27. The ex-dividend date of this dividend was Thursday, March 21st. Svenska Handelsbanken AB (publ)’s dividend payout ratio is 55.07%.

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.