Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Update

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 100,500 shares, a growth of 69.2% from the March 31st total of 59,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 385,600 shares, the short-interest ratio is presently 0.3 days.

Svenska Handelsbanken AB (publ) Stock Performance

Shares of SVNLY stock traded up $0.09 during trading hours on Tuesday, hitting $6.03. 91,318 shares of the company were exchanged, compared to its average volume of 127,136. Svenska Handelsbanken AB has a 52-week low of $4.24 and a 52-week high of $6.70. The company has a current ratio of 2.17, a quick ratio of 2.08 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $6.03 and a 200 day simple moving average of $5.53. The stock has a market capitalization of $23.88 billion, a price-to-earnings ratio of 9.28, a P/E/G ratio of 1.94 and a beta of 0.81.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a net margin of 14.89% and a return on equity of 13.62%. Research analysts predict that Svenska Handelsbanken AB will post 0.54 earnings per share for the current fiscal year.

Svenska Handelsbanken AB (publ) Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 17th. Stockholders of record on Friday, March 28th were issued a dividend of $0.7123 per share. This is an increase from Svenska Handelsbanken AB (publ)'s previous dividend of $0.63. The ex-dividend date was Friday, March 28th. Svenska Handelsbanken AB (publ)'s dividend payout ratio is presently 90.77%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SVNLY shares. HSBC downgraded shares of Svenska Handelsbanken AB (publ) from a "buy" rating to a "hold" rating in a research note on Friday, April 4th. Hsbc Global Res cut shares of Svenska Handelsbanken AB (publ) from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th.

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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