Short Interest in DNB Bank ASA (OTCMKTS:DNBBY) Decreases By 97.1%

the April 30th total of 10,700 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 0.8 days. This is the second drop in short interest for DNB Bank in the past two months. DNB Bank's stock dropped 97.1% in short interest from April 30th to May 1

( ) has been the subject of a significant drop in short interest for the month of may. On May 15th there were 300 shares of short interest, which is a drop by 97.1% compared to the total of 10,300 on April 30th. The short-interest rate is currently 0.0 days based on a daily average of 268,900 share.

DNB Bank ASA stock up 0.4 %

Trading on Thursday saw a $0.07 increase, bringing the price to $16.85. The company's shares traded 196,036 times, compared with its normal volume of 110 345. The 50-day simple moving index of the company is $17.83, and its 200-day simple moving index is $18.56. The company's current ratio is 1.70, its quick ratio is 1.70 and it has a debt to equity ratio of 3.48. DNB Bank ASA's 12-month low is $15.58, and its 12-month high is $21.03. A dividend was also declared by the company and paid out on Friday May 12th. Dividends were paid to stockholders who had their records on April 27th. DNB Bank ASA had previously paid a $0.90 dividend. This dividend yield is 5.44%. The ex-dividend day was Wednesday, 26th April.

DNB Bank ASA

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DNB Bank ASA offers financial services to retail and corporate clients in Norway as well as internationally. The company provides personal banking services and products including savings and investments, loans such as home mortgages and consumer and car loans, pet, home, property, travel and personal insurance, as well insurance products for cars, retirement savings, foreign exchange, treasury and Internet banking, as the company also offers cards.

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