Nedbank Group Limited (OTCMKTS:NDBKY) Short Interest Down 34.1% in February

Nedbank Group Limited (OTCMKTS:NDBKY) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 5,400 shares, a drop of 34.1% from the January 31st total of 8,200 shares. Based on an average trading volume of 30,400 shares, the short-interest ratio is currently 0.2 days.

Nedbank Group Stock Performance

NDBKY traded up $0.82 during trading on Tuesday, hitting $15.99. 5,890 shares of the company traded hands, compared to its average volume of 13,916. The stock’s 50-day simple moving average is $15.16 and its two-hundred day simple moving average is $16.14. Nedbank Group has a 1 year low of $11.20 and a 1 year high of $18.13.

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.