Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Down 67.9% in March

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 9,500 shares, a drop of 67.9% from the March 15th total of 29,600 shares. Based on an average daily trading volume, of 58,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reissued an "overweight" rating on shares of Danske Bank A/S in a report on Friday, March 7th.

Danske Bank A/S Price Performance

Danske Bank A/S stock traded up $0.34 during midday trading on Friday, reaching $16.83. The company had a trading volume of 29,566 shares, compared to its average volume of 50,091. The company has a debt-to-equity ratio of 7.47, a current ratio of 1.79 and a quick ratio of 1.79. Danske Bank A/S has a 12-month low of $13.50 and a 12-month high of $18.20. The company has a market capitalization of $28.57 billion, a P/E ratio of 8.42 and a beta of 0.73. The firm's fifty day simple moving average is $16.65 and its 200-day simple moving average is $15.35.

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) last released its earnings results on Friday, February 7th. The financial services provider reported $0.51 earnings per share for the quarter. Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. As a group, equities analysts anticipate that Danske Bank A/S will post 1.84 EPS for the current year.

Danske Bank A/S Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th were paid a $0.7642 dividend. This is an increase from Danske Bank A/S's previous dividend of $0.46. The ex-dividend date was Monday, March 24th. Danske Bank A/S's dividend payout ratio (DPR) is currently 75.50%.

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.