Swedbank AB (publ) (OTCMKTS:SWDBF) Short Interest Up 35.1% in August

Swedbank AB (publ) (OTCMKTS:SWDBF) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 2,339,000 shares, a growth of 35.1% from the July 31st total of 1,731,300 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 779.7 days.

Swedbank AB (publ) Price Performance

Shares of SWDBF stock opened at $21.40 on Friday. Swedbank AB has a 1-year low of $15.90 and a 1-year high of $22.68. The stock has a 50-day moving average of $20.19 and a 200-day moving average of $20.50.

Swedbank AB (publ) Company Profile

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.