Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Sees Large Increase in Short Interest

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 91,100 shares, a growth of 3,544.0% from the January 31st total of 2,500 shares. Based on an average daily volume of 166,700 shares, the short-interest ratio is currently 0.5 days.

Svenska Handelsbanken AB (publ) Price Performance

Shares of Svenska Handelsbanken AB (publ) stock traded up $0.03 during trading on Thursday, hitting $6.36. The stock had a trading volume of 390,214 shares, compared to its average volume of 117,876. The company has a current ratio of 2.17, a quick ratio of 2.08 and a debt-to-equity ratio of 0.18. Svenska Handelsbanken AB has a 12 month low of $4.24 and a 12 month high of $6.39. The firm has a market cap of $25.19 billion, a price-to-earnings ratio of 9.78, a P/E/G ratio of 1.94 and a beta of 0.83. The business’s 50-day moving average is $5.52 and its 200 day moving average is $5.22.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.62% and a net margin of 14.89%. As a group, sell-side analysts anticipate that Svenska Handelsbanken AB will post 0.54 earnings per share for the current year.

About Svenska Handelsbanken AB (publ)

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.