DNB Bank ASA (OTCMKTS:DNBBY) Short Interest Update

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 12,200 shares, a decrease of 89.5% from the March 15th total of 116,300 shares. Based on an average daily volume of 84,400 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

DNBBY has been the topic of a number of recent research reports. Morgan Stanley reaffirmed an "underweight" rating on shares of DNB Bank ASA in a research report on Friday, March 7th. Barclays reiterated an "overweight" rating on shares of DNB Bank ASA in a research note on Thursday, March 6th.

DNB Bank ASA Price Performance

Shares of OTCMKTS DNBBY traded up $0.66 during mid-day trading on Friday, reaching $25.00. 84,221 shares of the company were exchanged, compared to its average volume of 276,039. The stock has a market capitalization of $37.31 billion, a PE ratio of 9.16, a PEG ratio of 8.45 and a beta of 1.04. The company has a quick ratio of 1.42, a current ratio of 1.48 and a debt-to-equity ratio of 3.57. DNB Bank ASA has a 52 week low of $17.40 and a 52 week high of $26.96. The company's 50 day moving average price is $24.09 and its 200 day moving average price is $21.86.

DNB Bank ASA (OTCMKTS:DNBBY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.12. DNB Bank ASA had a net margin of 20.70% and a return on equity of 15.79%. Sell-side analysts forecast that DNB Bank ASA will post 2.43 earnings per share for the current fiscal year.

DNB Bank ASA Company Profile

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.