Nedbank Group Limited (OTCMKTS:NDBKY) Short Interest Update

Nedbank Group Limited (OTCMKTS:NDBKY) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 11,800 shares, a growth of 118.5% from the February 13th total of 5,400 shares. Based on an average daily trading volume, of 13,900 shares, the days-to-cover ratio is presently 0.8 days.

Nedbank Group Stock Performance

NDBKY stock traded down $0.04 on Friday, reaching $14.41. The company’s stock had a trading volume of 27,068 shares, compared to its average volume of 14,070. Nedbank Group has a 52 week low of $11.20 and a 52 week high of $18.13. The firm has a fifty day moving average of $15.19 and a two-hundred day moving average of $16.07.

Nedbank Group Company Profile

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including bank accounts; advisory, management, and stockbroking investment services; personal, home, and student loans; overdrafts, vehicle and solar finance, short-term loans, and credit cards; life, funeral, short term, credit, travel, and business insurance; and share trading, financial planning, retirement planning, will drafting, estate planning, and will and trust services, as well as private wealth solutions.