Short Interest in Nordea Bank Abp (OTCMKTS:NRDBY) Rises By 468.8%

Nordea Bank Abp (OTCMKTS:NRDBY) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 43,800 shares, an increase of 468.8% from the August 15th total of 7,700 shares. Based on an average trading volume of 232,900 shares, the short-interest ratio is presently 0.2 days.

Nordea Bank Abp Trading Down 0.2 %

Shares of OTCMKTS:NRDBY traded down $0.02 during midday trading on Friday, hitting $11.52. 80,149 shares of the stock traded hands, compared to its average volume of 141,625. The stock has a market capitalization of $40.38 billion, a PE ratio of 7.43, a P/E/G ratio of 0.73 and a beta of 0.94. The business’s 50 day moving average is $11.56 and its two-hundred day moving average is $11.84. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 6.78. Nordea Bank Abp has a one year low of $10.42 and a one year high of $12.90.

Nordea Bank Abp (OTCMKTS:NRDBY) last issued its quarterly earnings data on Monday, July 15th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.25 billion. Nordea Bank Abp had a net margin of 19.60% and a return on equity of 16.82%. As a group, research analysts forecast that Nordea Bank Abp will post 1.52 earnings per share for the current year.

About Nordea Bank Abp

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.