Short Interest in Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Expands By 22.9%

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,851,900 shares, an increase of 22.9% from the February 28th total of 4,762,400 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 4,501.5 days.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

Skandinaviska Enskilda Banken AB (publ) stock opened at $16.63 on Wednesday. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.53 and a quick ratio of 1.44. The company has a market cap of $33.88 billion, a P/E ratio of 10.14 and a beta of 0.81. Skandinaviska Enskilda Banken AB has a fifty-two week low of $13.26 and a fifty-two week high of $17.48. The firm’s 50 day simple moving average is $15.75 and its 200-day simple moving average is $14.79.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $0.34 EPS for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.21% and a net margin of 19.29%.

About Skandinaviska Enskilda Banken AB (publ)

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.