Nordea Bank Abp (OTCMKTS:NRDBY – Get Rating) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 56,900 shares, an increase of 554.0% from the June 30th total of 8,700 shares. Based on an average daily trading volume, of 526,400 shares, the days-to-cover ratio is presently 0.1 days.

Nordea Bank Abp Price Performance

Nordea Bank Abp stock opened at $9.72 on Thursday. The company has a debt-to-equity ratio of 6.46, a quick ratio of 1.38 and a current ratio of 1.38. Nordea Bank Abp has a 52 week low of $8.33 and a 52 week high of $13.29. The stock has a market capitalization of $36.48 billion, a P/E ratio of 10.13, a price-to-earnings-growth ratio of 2.35 and a beta of 1.08. The stock has a fifty day moving average of $9.47 and a 200-day moving average of $10.42.

Nordea Bank Abp (OTCMKTS:NRDBY – Get Rating) last issued its earnings results on Thursday, April 28th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.05. Nordea Bank Abp had a net margin of 33.58% and a return on equity of 11.53%. The business had revenue of $2.46 billion during the quarter. On average, sell-side analysts expect that Nordea Bank Abp will post 0.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Nordea Bank Abp Company Profile

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Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates and Institutions, and Asset and Wealth Management segments. The Personal Banking segment provides various financial services to household customers through internet and mobile banking, over the phone, online meetings, and branch offices.

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