Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Update

Danske Bank A/S (OTCMKTS:DNKEY) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 29,600 shares, an increase of 270.0% from the February 28th total of 8,000 shares. Based on an average daily trading volume, of 64,000 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Danske Bank A/S in a report on Friday, March 7th.

Danske Bank A/S Stock Performance

Shares of DNKEY opened at $16.95 on Friday. The business has a 50-day simple moving average of $16.50 and a two-hundred day simple moving average of $15.29. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 7.47. Danske Bank A/S has a 52 week low of $13.50 and a 52 week high of $18.20. The stock has a market cap of $28.77 billion, a price-to-earnings ratio of 8.48 and a beta of 0.88.

Danske Bank A/S (OTCMKTS:DNKEY) last released its earnings results on Friday, February 7th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. Danske Bank A/S had a net margin of 41.90% and a return on equity of 13.35%. On average, analysts expect that Danske Bank A/S will post 1.84 EPS for the current year.

Danske Bank A/S Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be given a dividend of $0.7642 per share. This is an increase from Danske Bank A/S’s previous dividend of $0.46. The ex-dividend date is Monday, March 24th. Danske Bank A/S’s dividend payout ratio (DPR) is presently 76.00%.

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.