Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Down 39.0% in March

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 41,700 shares, a decline of 39.0% from the February 29th total of 68,400 shares. Based on an average daily volume of 147,100 shares, the short-interest ratio is presently 0.3 days.

Svenska Handelsbanken AB (publ) Price Performance

OTCMKTS:SVNLY traded down $0.05 during midday trading on Friday, hitting $5.00. 224,802 shares of the stock were exchanged, compared to its average volume of 102,512. Svenska Handelsbanken AB has a one year low of $3.87 and a one year high of $6.01. The company has a market capitalization of $19.80 billion, a price-to-earnings ratio of 7.25, a P/E/G ratio of 1.46 and a beta of 0.87. The business has a 50-day moving average price of $5.61 and a two-hundred day moving average price of $5.03. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.21.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $1.49 billion for the quarter. Svenska Handelsbanken AB (publ) had a net margin of 16.71% and a return on equity of 14.30%. Sell-side analysts predict that Svenska Handelsbanken AB will post 0.58 EPS for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 11th. Shareholders of record on Friday, March 22nd will be given a $0.6294 dividend. This is a positive change from Svenska Handelsbanken AB (publ)'s previous dividend of $0.27. The ex-dividend date of this dividend is Thursday, March 21st. Svenska Handelsbanken AB (publ)'s payout ratio is 56.52%.

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, China, Germany, France, 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.