Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Update

Danske Bank A/S (OTCMKTS:DNKEY) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 25,500 shares, a decrease of 48.3% from the June 30th total of 49,300 shares. Based on an average daily volume of 35,400 shares, the short-interest ratio is presently 0.7 days.

Danske Bank A/S Price Performance

Shares of Danske Bank A/S stock traded down $0.07 during trading on Friday, hitting $15.80. The stock had a trading volume of 14,442 shares, compared to its average volume of 50,766. The business has a fifty day moving average of $15.07 and a two-hundred day moving average of $14.66. Danske Bank A/S has a fifty-two week low of $10.65 and a fifty-two week high of $16.23. The firm has a market cap of $27.06 billion, a P/E ratio of 8.68 and a beta of 0.96. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.72 and a quick ratio of 1.72.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its quarterly earnings results on Friday, May 3rd. The financial services provider reported $0.47 EPS for the quarter. Danske Bank A/S had a net margin of 41.10% and a return on equity of 13.02%. The firm had revenue of $2.03 billion for the quarter. On average, sell-side analysts expect that Danske Bank A/S will post 1.9 earnings per share for the current fiscal year.

Danske Bank A/S Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 1st. Investors of record on Monday, July 29th will be paid a dividend of $0.391 per share. The ex-dividend date is Monday, July 29th. This is a positive change from Danske Bank A/S’s previous dividend of $0.39. This represents a yield of 2.42%. Danske Bank A/S’s dividend payout ratio is currently 42.86%.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.