Nordea Bank Abp (OTCMKTS:NRDBY) Short Interest Up 20.6% in March

Posted by Latisha Jones on Apr 2nd, 2025

Nordea Bank Abp (OTCMKTS:NRDBY – Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 105,900 shares, a growth of 20.6% from the February 28th total of 87,800 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,253,300 shares, the short-interest ratio is presently 0.1 days.

Nordea Bank Abp Trading Down 0.5 %

OTCMKTS:NRDBY opened at $12.79 on Wednesday. The company has a debt-to-equity ratio of 6.03, a current ratio of 1.27 and a quick ratio of 1.29. Nordea Bank Abp has a one year low of $10.30 and a one year high of $14.57. The company has a market cap of $44.65 billion, a PE ratio of 8.25, a PEG ratio of 0.88 and a beta of 0.94. The firm has a 50-day moving average of $13.03 and a 200-day moving average of $12.01.

Nordea Bank Abp (OTCMKTS:NRDBY – Get Free Report) last posted its earnings results on Monday, February 3rd. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. Nordea Bank Abp had a return on equity of 16.29% and a net margin of 19.84%. As a group, equities research analysts expect that Nordea Bank Abp will post 1.4 EPS for the current fiscal year.

Nordea Bank Abp Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 7th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.9791 per share. The ex-dividend date of this dividend is Monday, March 24th. Nordea Bank Abp’s dividend payout ratio is 29.03%.

Analyst Ratings Changes

NRDBY has been the topic of several recent research reports. Morgan Stanley reiterated an “overweight” rating on shares of Nordea Bank Abp in a report on Friday, March 7th. Barclays reiterated an “overweight” rating on shares of Nordea Bank Abp in a report on Monday, February 3rd.

View Our Latest Research Report on NRDBY

About Nordea Bank Abp

(Get Free Report)

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.