Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Down 89.9% in March

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 4,200 shares, a decrease of 89.9% from the March 15th total of 41,700 shares. Based on an average trading volume of 269,700 shares, the days-to-cover ratio is currently 0.0 days.

Svenska Handelsbanken AB (publ) Trading Down 2.1 %

SVNLY stock traded down $0.11 on Wednesday, reaching $5.06. The company's stock had a trading volume of 64,815 shares, compared to its average volume of 255,958. The firm has a market cap of $20.04 billion, a PE ratio of 7.49, a PEG ratio of 1.51 and a beta of 0.86. The business has a fifty day simple moving average of $5.58 and a two-hundred day simple moving average of $5.07. Svenska Handelsbanken AB has a 12-month low of $3.87 and a 12-month high of $6.01. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.15 and a current ratio of 2.15.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last announced its earnings results on Wednesday, February 7th. The company reported $0.16 earnings per share for the quarter. Svenska Handelsbanken AB (publ) had a net margin of 16.71% and a return on equity of 14.12%. The firm had revenue of $1.49 billion for the quarter. As a group, research analysts forecast that Svenska Handelsbanken AB will post 0.58 EPS for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

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

Svenska Handelsbanken AB (publ) Company Profile

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.

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