Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) Short Interest Update

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 86,032 shares, a drop of 84.9% from the May 31st total of 569,239 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 328,453 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Several research firms recently issued reports on SVNLY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Monday, April 13th. Morgan Stanley restated an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Tuesday, May 12th. Barclays reaffirmed an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a research report on Monday. Finally, Citigroup reissued a “neutral” rating on shares of Svenska Handelsbanken Ab Publ in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Svenska Handelsbanken Ab Publ Stock Down 0.1%

Shares of OTCMKTS:SVNLY traded down $0.01 during midday trading on Friday, reaching $7.20. The company had a trading volume of 154,529 shares, compared to its average volume of 166,424. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 2.10. The stock’s fifty day moving average price is $7.13 and its 200-day moving average price is $7.31. The stock has a market capitalization of $28.51 billion, a P/E ratio of 10.14, a PEG ratio of 4.16 and a beta of 0.61. Svenska Handelsbanken Ab Publ has a one year low of $5.80 and a one year high of $8.26.

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.50 billion. Svenska Handelsbanken Ab Publ had a net margin of 17.61% and a return on equity of 14.41%. Equities research analysts expect that Svenska Handelsbanken Ab Publ will post 0.61 earnings per share for the current fiscal year.

About Svenska Handelsbanken Ab Publ

Svenska Handelsbanken AB (publ) is a Sweden-based universal bank offering a broad range of financial services to private individuals, businesses and institutions. Established in 1871 and headquartered in Stockholm, the bank operates on a decentralized branch model that empowers locally managed offices to deliver tailored banking solutions. Svenska Handelsbanken provides core services such as deposit accounts, lending, payment services and credit cards, alongside specialized corporate offerings including trade finance, cash management and leasing.

In addition to its commercial banking activities, Handelsbanken maintains a dedicated investment banking arm known as Handelsbanken Capital Markets, which offers services in equity and debt underwriting, corporate finance advisory and research.