Danske Bank A/S (OTCMKTS:DNKEY) Short Interest Down 64.8% in February

Danske Bank A/S (OTCMKTS:DNKEY) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 8,000 shares, a decline of 64.8% from the February 13th total of 22,700 shares. Based on an average daily volume of 92,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Danske Bank A/S Stock Performance

DNKEY stock traded up $0.48 during mid-day trading on Thursday, reaching $17.69. 54,313 shares of the stock traded hands, compared to its average volume of 44,192. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 7.47. The business has a 50-day moving average of $15.77 and a two-hundred day moving average of $15.13. The firm has a market capitalization of $30.03 billion, a PE ratio of 8.85 and a beta of 0.88. Danske Bank A/S has a 52 week low of $13.50 and a 52 week high of $17.85.

Danske Bank A/S (OTCMKTS:DNKEY) last posted its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.51 earnings per share for the quarter. Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. As a group, equities analysts predict that Danske Bank A/S will post 1.84 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Morgan Stanley reiterated an “overweight” rating on shares of Danske Bank A/S in a report on Friday, March 7th.

About Danske Bank A/S

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.