Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Declines By 95.6%

Danske Bank A/S (OTCMKTS:DNKEY) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 2,100 shares, a drop of 95.6% from the August 15th total of 48,200 shares. Based on an average daily trading volume, of 60,200 shares, the days-to-cover ratio is presently 0.0 days.

Danske Bank A/S Stock Down 0.3 %

Shares of OTCMKTS:DNKEY traded down $0.04 during mid-day trading on Friday, hitting $15.22. 8,727 shares of the company traded hands, compared to its average volume of 24,465. The firm’s 50 day simple moving average is $15.22 and its 200 day simple moving average is $14.96. The firm has a market cap of $26.06 billion, a P/E ratio of 8.38 and a beta of 0.94. The company has a debt-to-equity ratio of 7.32, a quick ratio of 1.72 and a current ratio of 1.72. Danske Bank A/S has a 52-week low of $10.65 and a 52-week high of $16.23.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its quarterly earnings data on Friday, July 19th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.03. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.98 billion. Danske Bank A/S had a net margin of 41.10% and a return on equity of 13.02%. On average, equities analysts anticipate that Danske Bank A/S will post 1.9 EPS for the current year.

Danske Bank A/S Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, August 1st. Investors of record on Monday, July 29th were paid a dividend of $0.391 per share. This is an increase from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date was Monday, July 29th. This represents a yield of 2.42%. Danske Bank A/S’s payout ratio is 42.31%.

Danske Bank A/S Company Profile

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.