Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Down 71.0% in July

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 17,300 shares, a drop of 71.0% from the June 30th total of 59,600 shares. Based on an average trading volume of 289,600 shares, the short-interest ratio is presently 0.1 days.

Svenska Handelsbanken AB (publ) Stock Performance

Shares of SVNLY stock traded up $0.05 during trading hours on Friday, reaching $4.94. The stock had a trading volume of 70,772 shares, compared to its average volume of 137,343. The firm has a 50-day simple moving average of $4.74 and a 200-day simple moving average of $5.07. The firm has a market capitalization of $19.56 billion, a PE ratio of 7.16, a price-to-earnings-growth ratio of 1.38 and a beta of 0.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. Svenska Handelsbanken AB has a twelve month low of $4.02 and a twelve month high of $6.01.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last announced its earnings results on Wednesday, April 24th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $1.41 billion during the quarter. Svenska Handelsbanken AB (publ) had a net margin of 14.98% and a return on equity of 13.76%. As a group, equities analysts forecast that Svenska Handelsbanken AB will post 0.61 earnings per share for the current year.

Svenska Handelsbanken AB (publ) Company Profile

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.