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

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a drop of 92.9% from the March 31st total of 4,200 shares. Based on an average daily volume of 341,200 shares, the days-to-cover ratio is currently 0.0 days.

Svenska Handelsbanken AB (publ) Stock Down 2.7 %

Shares of SVNLY traded down $0.12 during midday trading on Friday, hitting $4.40. The stock had a trading volume of 563,420 shares, compared to its average volume of 164,800. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.15 and a quick ratio of 2.15. The company has a 50 day simple moving average of $5.42 and a two-hundred day simple moving average of $5.10. The firm has a market cap of $17.42 billion, a price-to-earnings ratio of 6.38, a price-to-earnings-growth ratio of 1.32 and a beta of 0.86. Svenska Handelsbanken AB has a twelve month low of $3.87 and a twelve month high of $6.01.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last released its earnings results on Wednesday, February 7th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $1.49 billion for the quarter. Svenska Handelsbanken AB (publ) had a return on equity of 13.80% and a net margin of 15.61%. On average, analysts anticipate that Svenska Handelsbanken AB will post 0.58 EPS for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 11th. Investors of record on Friday, March 22nd were issued a dividend of $0.6294 per share. The ex-dividend date of this dividend was Thursday, March 21st. This is a boost from Svenska Handelsbanken AB (publ)’s previous dividend of $0.27. Svenska Handelsbanken AB (publ)’s dividend payout ratio (DPR) is presently 55.07%.

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.