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

Danske Bank A/S (OTCMKTS:DNKEY) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 32,900 shares, an increase of 406.2% from the October 31st total of 6,500 shares. Based on an average trading volume of 60,500 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analyst Weigh In

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

Danske Bank A/S Stock Performance

Shares of DNKEY traded up $0.01 during mid-day trading on Thursday, reaching $14.05. 22,157 shares of the company’s stock were exchanged, compared to its average volume of 24,559. 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 stock has a market capitalization of $23.85 billion, a PE ratio of 7.13 and a beta of 0.94. The business’s fifty day simple moving average is $14.68 and its 200-day simple moving average is $14.94. Danske Bank A/S has a 52-week low of $12.71 and a 52-week high of $16.23.

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

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.