NatWest Group plc (OTCMKTS:RBSPF) Sees Significant Drop in Short Interest

NatWest Group plc (OTCMKTS:RBSPF) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 6,694,300 shares, a drop of 25.8% from the December 31st total of 9,025,800 shares. Based on an average daily volume of 30,100 shares, the short-interest ratio is presently 222.4 days.

NatWest Group Stock Up 0.3 %

RBSPF stock opened at $5.25 on Friday. NatWest Group has a fifty-two week low of $2.50 and a fifty-two week high of $5.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $43.56 billion, a price-to-earnings ratio of 8.05 and a beta of 1.31. The business’s fifty day moving average price is $5.00 and its two-hundred day moving average price is $4.68.

About NatWest Group

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.