Swedbank AB (publ) (OTCMKTS:SWDBF) Short Interest Update

Swedbank AB (publ) (OTCMKTS:SWDBFGet Rating) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 1,794,700 shares, an increase of 522.5% from the April 30th total of 288,300 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 437.7 days.

OTCMKTS SWDBF traded up $0.45 during trading hours on Wednesday, hitting $15.55. The company had a trading volume of 949 shares, compared to its average volume of 2,155. Swedbank AB has a 52 week low of $13.58 and a 52 week high of $21.95. The firm has a 50 day simple moving average of $15.82 and a 200 day simple moving average of $18.14.

Swedbank AB (publ) Company Profile (Get Rating)

Swedbank AB (publ) provides various banking products and services to individuals and companies. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers savings, salary, and current accounts; private residential and corporate lending; leasing, factoring, and financing services; consumer, mortgage, acquisition and project, export, and marine financing; mutual funds; and asset management, and life insurance and pension services.

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