Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Sees Significant Decrease in Short Interest

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 3,992,600 shares, a decline of 20.2% from the January 31st total of 5,004,900 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is presently 539.5 days.

Skandinaviska Enskilda Banken AB (publ) Price Performance

OTCMKTS:SVKEF remained flat at $16.30 during mid-day trading on Wednesday. The firm has a market capitalization of $33.20 billion, a PE ratio of 9.94 and a beta of 0.76. The firm’s 50 day moving average is $14.45 and its two-hundred day moving average is $14.58. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.53 and a quick ratio of 1.44. Skandinaviska Enskilda Banken AB has a one year low of $13.26 and a one year high of $16.30.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.34 earnings per share 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.