Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Update

Danske Bank A/S (OTCMKTS:DNKEY) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 44,700 shares, a growth of 939.5% from the November 30th total of 4,300 shares. Based on an average daily trading volume, of 71,900 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DNKEY shares. UBS Group upgraded shares of Danske Bank A/S to a “strong-buy” rating in a report on Monday, October 7th. Barclays upgraded Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st. Finally, The Goldman Sachs Group upgraded Danske Bank A/S to a “hold” rating in a report on Friday, September 27th.

Danske Bank A/S Stock Performance

OTCMKTS:DNKEY traded up $0.03 during midday trading on Thursday, hitting $14.04. The company’s stock had a trading volume of 53,309 shares, compared to its average volume of 26,252. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.72 and a quick ratio of 1.72. The firm’s 50 day moving average is $14.58 and its 200-day moving average is $14.91. Danske Bank A/S has a fifty-two week low of $13.25 and a fifty-two week high of $16.23. The firm has a market cap of $23.83 billion, a P/E ratio of 7.13 and a beta of 0.93.

Danske Bank A/S (OTCMKTS:DNKEY) last announced its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. Danske Bank A/S had a return on equity of 13.40% and a net margin of 42.04%. The company had revenue of $2.04 billion during the quarter. Equities analysts anticipate that Danske Bank A/S will post 1.98 earnings per share for the current fiscal year.

Danske Bank A/S Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 19th will be issued a $0.4604 dividend. This is a positive change from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date of this dividend is Thursday, December 19th. Danske Bank A/S’s dividend payout ratio (DPR) is presently 39.09%.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.