Short Interest in Swedbank AB (publ) (OTCMKTS:SWDBF) Grows By 115.0%

Swedbank AB (publ) (OTCMKTS:SWDBF) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 4,088,300 shares, an increase of 115.0% from the September 30th total of 1,901,900 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 10,220.8 days.

Swedbank AB (publ) Price Performance

Shares of SWDBF stock remained flat at $20.04 on Friday. 5 shares of the stock were exchanged, compared to its average volume of 1,417. Swedbank AB has a twelve month low of $15.90 and a twelve month high of $22.68. The firm has a 50-day moving average of $20.72 and a 200-day moving average of $20.29.

About Swedbank AB (publ)

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.