Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Update

Danske Bank A/S (OTCMKTS:DNKEY) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 22,400 shares, an increase of 180.0% from the February 29th total of 8,000 shares. Based on an average daily volume of 31,400 shares, the days-to-cover ratio is presently 0.7 days.

Danske Bank A/S Stock Performance

DNKEY traded up $0.17 during midday trading on Friday, reaching $15.26. The company’s stock had a trading volume of 7,598 shares, compared to its average volume of 13,371. Danske Bank A/S has a 1 year low of $9.89 and a 1 year high of $15.35. The stock’s 50-day moving average is $14.41 and its 200-day moving average is $13.10. The company has a debt-to-equity ratio of 7.11, a current ratio of 1.65 and a quick ratio of 1.65.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its earnings results on Friday, February 2nd. The financial services provider reported $0.48 earnings per share (EPS) for the quarter. The firm had revenue of $2 billion for the quarter. Danske Bank A/S had a return on equity of 12.53% and a net margin of 40.54%. As a group, equities research analysts expect that Danske Bank A/S will post 1.8 EPS for the current fiscal year.

Danske Bank A/S Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 2nd. Stockholders of record on Monday, March 25th will be paid a dividend of $0.3877 per share. The ex-dividend date of this dividend is Friday, March 22nd. This is a positive change from Danske Bank A/S’s previous dividend of $0.37. Danske Bank A/S’s dividend payout ratio (DPR) is currently 43.82%.

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.