Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Update

by · The Cerbat Gem

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 12,700 shares, a growth of 876.9% from the September 15th total of 1,300 shares. Based on an average daily volume of 118,500 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Svenska Handelsbanken AB (publ) to a “strong sell” rating in a report on Friday, September 27th.

Read Our Latest Analysis on Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) Price Performance

OTCMKTS:SVNLY traded down $0.03 during trading hours on Thursday, reaching $4.84. The stock had a trading volume of 97,699 shares, compared to its average volume of 188,696. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a market capitalization of $19.25 billion, a PE ratio of 7.04, a PEG ratio of 1.38 and a beta of 0.86. Svenska Handelsbanken AB has a 52 week low of $4.12 and a 52 week high of $6.01. The company has a 50 day moving average price of $5.00 and a two-hundred day moving average price of $4.84.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Free Report) last released its quarterly earnings data on Wednesday, July 17th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.40 billion. Svenska Handelsbanken AB (publ) had a net margin of 14.98% and a return on equity of 13.76%. As a group, sell-side analysts anticipate that Svenska Handelsbanken AB will post 0.61 earnings per share for the current fiscal year.

About Svenska Handelsbanken AB (publ)

(Get Free Report)

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.

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