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

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 14,500 shares, a decline of 67.1% from the May 15th total of 44,100 shares. Based on an average trading volume of 62,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's shares are short sold.

Analyst Upgrades and Downgrades

DNKEY has been the subject of several analyst reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Danske Bank A/S in a research note on Friday, March 7th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Danske Bank A/S in a report on Tuesday, May 13th. Barclays upgraded Danske Bank A/S from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, June 2nd. Finally, Citigroup reaffirmed a "buy" rating on shares of Danske Bank A/S in a research note on Wednesday, May 21st. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy".

Danske Bank A/S Trading Up 0.8%

DNKEY traded up $0.17 during trading on Friday, reaching $20.23. 25,064 shares of the stock traded hands, compared to its average volume of 43,274. 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 stock's 50-day moving average is $18.07 and its 200 day moving average is $16.46. Danske Bank A/S has a 12 month low of $13.50 and a 12 month high of $20.44. The stock has a market capitalization of $33.78 billion, a PE ratio of 10.11 and a beta of 0.77.

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The financial services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.01). Danske Bank A/S had a net margin of 41.90% and a return on equity of 13.35%. The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $13.86 billion. Equities analysts anticipate that Danske Bank A/S will post 1.84 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.

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