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

Posted by Lisa Durand on Nov 29th, 2024

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 88,900 shares, an increase of 1,791.5% from the October 31st total of 4,700 shares. Based on an average trading volume of 389,000 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Svenska Handelsbanken AB (publ) to a “strong sell” rating in a research report on Friday, September 27th.

Check Out Our Latest Stock Analysis on SVNLY

Svenska Handelsbanken AB (publ) Stock Up 1.6 %

Shares of OTCMKTS SVNLY traded up $0.08 during mid-day trading on Friday, hitting $5.05. The stock had a trading volume of 97,061 shares, compared to its average volume of 181,886. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 2.06. Svenska Handelsbanken AB has a twelve month low of $4.24 and a twelve month high of $6.01. The company has a 50 day moving average of $5.03 and a two-hundred day moving average of $4.90.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. Svenska Handelsbanken AB (publ) had a net margin of 14.66% and a return on equity of 13.65%. The firm had revenue of $1.45 billion during the quarter. As a group, equities research analysts forecast that Svenska Handelsbanken AB will post 0.64 earnings per share for the current year.

About Svenska Handelsbanken AB (publ)

(Get Free Report)

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.