Swedbank AB (publ) (OTCMKTS:SWDBF) Sees Large Growth in Short Interest

Swedbank AB (publ) (OTCMKTS:SWDBF) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 10,253,600 shares, anincreaseof38.4% from the July 15th total of 7,409,800 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 14,648.0 days. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 14,648.0 days.

Swedbank AB (publ) Price Performance

SWDBF opened at $28.56 on Friday. Swedbank AB has a 52-week low of $18.30 and a 52-week high of $29.0580. The business’s fifty day moving average is $27.30 and its 200-day moving average is $25.49.

About Swedbank AB (publ)

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.