Short Interest in Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Decreases By 19.9%

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 73,000 shares, a decline of 19.9% from the February 13th total of 91,100 shares. Based on an average daily volume of 254,400 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Svenska Handelsbanken AB (publ) Stock Performance

Shares of Svenska Handelsbanken AB (publ) stock traded down $0.02 during trading on Tuesday, hitting $6.51. 73,624 shares of the stock were exchanged, compared to its average volume of 114,350. The stock has a market capitalization of $25.78 billion, a price-to-earnings ratio of 10.02, a price-to-earnings-growth ratio of 1.94 and a beta of 0.87. The company has a fifty day moving average price of $5.87 and a 200-day moving average price of $5.36. Svenska Handelsbanken AB has a 1-year low of $4.24 and a 1-year high of $6.65. 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 (publ) (OTCMKTS:SVNLY) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a net margin of 14.89% and a return on equity of 13.62%. As a group, equities analysts predict that Svenska Handelsbanken AB will post 0.54 EPS for the current fiscal year.

Svenska Handelsbanken AB (publ) Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Friday, March 28th will be given a dividend of $0.7123 per share. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from Svenska Handelsbanken AB (publ)’s previous dividend of $0.63. Svenska Handelsbanken AB (publ)’s dividend payout ratio is presently 90.77%.

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.