NatWest Group PLC (OTCMKTS:RBSPF) Short Interest Update

NatWest Group PLC (OTCMKTS:RBSPF) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,370,458 shares, an increase of 93.0% from the July 30th total of 710,252 shares. Based on an average daily trading volume, of 251,497 shares, the days-to-cover ratio is currently 5.4 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, NatWest Group currently has a consensus rating of “Buy”.

NatWest Group Stock Performance

NatWest Group stock opened at $9.19 on Friday. The firm has a market capitalization of $73.62 billion, a PE ratio of 9.19 and a beta of 0.96. NatWest Group has a one year low of $6.71 and a one year high of $9.80. The stock’s 50 day moving average price is $9.08 and its 200 day moving average price is $8.33. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.03.

NatWest Group (OTCMKTS:RBSPF) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.04. The company had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.83 billion. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%.

About NatWest Group

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.