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

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a significant drop in short interest during 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 trading volume of 341,200 shares, the days-to-cover ratio is presently 0.0 days.

Svenska Handelsbanken AB (publ) Stock Down 2.7 %

OTCMKTS:SVNLY traded down $0.12 during mid-day trading on Friday, hitting $4.40. The company had a trading volume of 563,420 shares, compared to its average volume of 164,800. Svenska Handelsbanken AB has a 1 year low of $3.87 and a 1 year high of $6.01. The business has a fifty day simple moving average of $5.42 and a 200-day simple moving average of $5.10. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $17.42 billion, a price-to-earnings ratio of 6.38, a PEG ratio of 1.32 and a beta of 0.86.

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

Svenska Handelsbanken AB (publ) Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 11th. Stockholders of record on Friday, March 22nd were given a $0.6294 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This is an increase from Svenska Handelsbanken AB (publ)’s previous dividend of $0.27. Svenska Handelsbanken AB (publ)’s payout ratio 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.