Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Short Interest Down 31.5% in September

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 19,600 shares, a drop of 31.5% from the September 15th total of 28,600 shares. Based on an average daily volume of 197,300 shares, the days-to-cover ratio is presently 0.1 days.

Shares of SVNLY stock traded up $0.03 during trading hours on Friday, reaching $4.39. The company’s stock had a trading volume of 221,964 shares, compared to its average volume of 289,996. The firm’s 50 day simple moving average is $4.48 and its 200-day simple moving average is $4.57. Svenska Handelsbanken AB has a fifty-two week low of $3.59 and a fifty-two week high of $5.78.

About Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, Denmark, Finland, and the Netherlands. The company offers savings, business, currency, and investment accounts and deposits, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans, as well as business debt services; mutual funds; pension products; and accounts, business card, and payment and reconciliation services.

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