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

Nedbank Group Limited (OTCMKTS:NDBKY) was the target of a significant drop in short interest in the month of 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 Up 5.4 %

NDBKY traded up $0.82 during trading on Tuesday, hitting $15.99. The company’s stock had a trading volume of 5,890 shares, compared to its average volume of 13,916. Nedbank Group has a one year low of $11.20 and a one year high of $18.13. The business’s 50 day simple moving average is $15.16 and its 200-day simple moving average is $16.14.

About Nedbank Group

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.