Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Up 86.7% in July

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 32,300 shares, a growth of 86.7% from the July 15th total of 17,300 shares. Based on an average daily volume of 247,800 shares, the days-to-cover ratio is currently 0.1 days.

Svenska Handelsbanken AB (publ) Trading Up 0.2 %

Shares of OTCMKTS:SVNLY traded up $0.01 during midday trading on Wednesday, reaching $4.88. 87,155 shares of the company’s stock were exchanged, compared to its average volume of 214,978. The firm’s 50 day simple moving average is $4.81 and its two-hundred day simple moving average is $5.03. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market cap of $19.33 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 1.36 and a beta of 0.86. Svenska Handelsbanken AB has a fifty-two week low of $4.02 and a fifty-two week high of $6.01.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last issued its quarterly earnings data on Wednesday, July 17th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Svenska Handelsbanken AB (publ) had a return on equity of 13.76% and a net margin of 14.98%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.40 billion. As a group, sell-side analysts forecast that Svenska Handelsbanken AB will post 0.61 EPS for the current fiscal year.

About Svenska Handelsbanken AB (publ)

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.