Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Grows By 406.2%

Danske Bank A/S (OTCMKTS:DNKEY) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 32,900 shares, a growth of 406.2% from the October 31st total of 6,500 shares. Based on an average daily volume of 60,500 shares, the short-interest ratio is currently 0.5 days.

Danske Bank A/S Trading Up 0.0 %

Shares of OTCMKTS:DNKEY traded up $0.01 during midday trading on Friday, hitting $14.05. The company had a trading volume of 22,157 shares, compared to its average volume of 31,361. Danske Bank A/S has a 12 month low of $12.71 and a 12 month high of $16.23. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 7.32. The stock has a market cap of $23.85 billion, a price-to-earnings ratio of 7.13 and a beta of 0.94. The firm has a fifty day simple moving average of $14.65 and a 200 day simple moving average of $14.94.

Danske Bank A/S (OTCMKTS:DNKEY) last posted its earnings results on Thursday, October 31st. The financial services provider reported $0.53 earnings per share for the quarter. The firm had revenue of $2.04 billion for the quarter. Danske Bank A/S had a return on equity of 13.40% and a net margin of 42.04%. On average, analysts predict that Danske Bank A/S will post 1.98 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DNKEY shares. Barclays raised Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st. The Goldman Sachs Group raised Danske Bank A/S to a “hold” rating in a research note on Friday, September 27th. Finally, UBS Group raised Danske Bank A/S to a “strong-buy” rating in a research note on Monday, October 7th.

Danske Bank A/S Company Profile

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.