Short Interest in Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Rises By 4,533.3%

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 13,900 shares, an increase of 4,533.3% from the April 15th total of 300 shares. Based on an average daily trading volume, of 437,900 shares, the short-interest ratio is currently 0.0 days.

Svenska Handelsbanken AB (publ) Trading Up 2.5 %

Shares of SVNLY traded up $0.11 during mid-day trading on Friday, hitting $4.47. The company had a trading volume of 98,480 shares, compared to its average volume of 286,782. Svenska Handelsbanken AB has a 1-year low of $3.87 and a 1-year high of $6.01. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.21. The business's 50-day simple moving average is $5.09 and its 200-day simple moving average is $5.10. The stock has a market cap of $17.70 billion, a PE ratio of 6.48, a P/E/G ratio of 1.32 and a beta of 0.86.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $0.15 earnings per share (EPS) for the quarter. Svenska Handelsbanken AB (publ) had a net margin of 15.61% and a return on equity of 13.80%. The company had revenue of $1.41 billion during the quarter. Sell-side analysts forecast that Svenska Handelsbanken AB will post 0.56 earnings per share for the current year.

Svenska Handelsbanken AB (publ) Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 11th. Stockholders of record on Friday, March 22nd were paid a $0.6294 dividend. This is a positive change from Svenska Handelsbanken AB (publ)'s previous dividend of $0.27. The ex-dividend date was Thursday, March 21st. Svenska Handelsbanken AB (publ)'s payout ratio is currently 55.07%.

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, 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.