Danske Bank A/S (OTCMKTS:DNKEY) Sees Large Growth in Short Interest

Danske Bank A/S (OTCMKTS:DNKEY) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 19,900 shares, an increase of 847.6% from the August 31st total of 2,100 shares. Based on an average trading volume of 25,400 shares, the days-to-cover ratio is currently 0.8 days.

Danske Bank A/S Trading Up 1.1 %

Danske Bank A/S stock opened at $15.41 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 7.32. Danske Bank A/S has a 12 month low of $10.65 and a 12 month high of $16.23. The stock’s 50 day simple moving average is $15.30 and its two-hundred day simple moving average is $15.00. The firm has a market cap of $26.39 billion, a PE ratio of 8.37 and a beta of 0.94.

Danske Bank A/S (OTCMKTS:DNKEY) last announced its quarterly earnings results on Friday, July 19th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. 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, compared to the consensus estimate of $1.98 billion. Analysts anticipate that Danske Bank A/S will post 1.9 earnings per share for the current year.

Danske Bank A/S Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 1st. Stockholders of record on Monday, July 29th were given a dividend of $0.391 per share. The ex-dividend date of this dividend was Monday, July 29th. This is a boost from Danske Bank A/S’s previous dividend of $0.39. This represents a dividend yield of 2.42%. Danske Bank A/S’s dividend payout ratio (DPR) is 42.31%.

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.