Short Interest in Danske Bank A/S (OTCMKTS:DNKEY) Declines By 94.9%

Danske Bank A/S (OTCMKTS:DNKEY) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 800 shares, a drop of 94.9% from the September 30th total of 15,700 shares. Based on an average trading volume of 52,800 shares, the days-to-cover ratio is presently 0.0 days.

Danske Bank A/S Stock Down 0.9 %

Danske Bank A/S stock traded down $0.13 during midday trading on Friday, hitting $14.33. 15,475 shares of the stock were exchanged, compared to its average volume of 23,862. The stock has a market capitalization of $24.54 billion, a price-to-earnings ratio of 7.95 and a beta of 0.93. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 7.32. The business’s 50-day moving average price is $15.08 and its 200-day moving average price is $14.93. Danske Bank A/S has a 52-week low of $10.65 and a 52-week high of $16.23.

Analyst Ratings Changes

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

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.