Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Increases By 270.0%

Danske Bank A/S (OTCMKTS:DNKEY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 29,600 shares, a growth of 270.0% from the February 28th total of 8,000 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 64,000 shares, the short-interest ratio is presently 0.5 days.

Danske Bank A/S Trading Up 0.3 %

OTCMKTS:DNKEY traded up $0.06 during trading hours on Thursday, reaching $17.40. 59,595 shares of the stock were exchanged, compared to its average volume of 41,374. Danske Bank A/S has a twelve month low of $13.50 and a twelve month high of $18.20. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 7.47. The business has a 50-day moving average of $16.40 and a two-hundred day moving average of $15.26. The company has a market capitalization of $29.53 billion, a price-to-earnings ratio of 8.70 and a beta of 0.88.

Danske Bank A/S (OTCMKTS:DNKEY) last released its earnings results on Friday, February 7th. The financial services provider reported $0.51 earnings per share for the quarter. Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. On average, equities analysts predict that Danske Bank A/S will post 1.84 EPS for the current year.

Danske Bank A/S Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be paid a $0.7642 dividend. This is a boost from Danske Bank A/S’s previous dividend of $0.46. The ex-dividend date of this dividend is Monday, March 24th. Danske Bank A/S’s dividend payout ratio (DPR) is presently 76.00%.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Danske Bank A/S in a research note on Friday, March 7th.

Danske Bank A/S Company Profile

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.