Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Declines By 86.9%

Danske Bank A/S (OTCMKTS:DNKEY) was the recipient of a large decline in short interest in November. As of November 30th, there was short interest totalling 4,300 shares, a decline of 86.9% from the November 15th total of 32,900 shares. Based on an average daily volume of 58,300 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

DNKEY has been the topic of several analyst reports. Barclays raised Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st. The Goldman Sachs Group upgraded shares of Danske Bank A/S to a “hold” rating in a research note on Friday, September 27th. Finally, UBS Group upgraded shares of Danske Bank A/S to a “strong-buy” rating in a report on Monday, October 7th.

Danske Bank A/S Stock Performance

OTCMKTS:DNKEY traded down $0.05 during mid-day trading on Wednesday, reaching $15.36. The company’s stock had a trading volume of 20,188 shares, compared to its average volume of 24,966. The firm’s fifty day moving average price is $14.58 and its two-hundred day moving average price is $14.96. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 7.32. The stock has a market cap of $26.07 billion, a P/E ratio of 7.80 and a beta of 0.93. Danske Bank A/S has a 12-month low of $12.71 and a 12-month high of $16.23.

Danske Bank A/S (OTCMKTS:DNKEY) last released its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.53 earnings per share for the quarter. Danske Bank A/S had a net margin of 42.04% and a return on equity of 13.40%. The firm had revenue of $2.04 billion during the quarter. On average, equities analysts forecast that Danske Bank A/S will post 1.98 EPS for the current fiscal year.

Danske Bank A/S Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 19th will be given a $0.4604 dividend. This is a boost from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date of this dividend is Thursday, December 19th. Danske Bank A/S’s dividend payout ratio (DPR) is presently 39.09%.

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.