Short Interest in NatWest Group plc (OTCMKTS:RBSPF) Declines By 28.2%

NatWest Group plc (OTCMKTS:RBSPF) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 4,564,400 shares, a decline of 28.2% from the January 31st total of 6,361,500 shares. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is presently 93.0 days.

NatWest Group Stock Performance

RBSPF traded up $0.22 on Wednesday, hitting $6.25. The company had a trading volume of 22,134 shares, compared to its average volume of 21,090. NatWest Group has a 1-year low of $2.80 and a 1-year high of $6.43. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market cap of $51.95 billion, a price-to-earnings ratio of 9.62 and a beta of 1.31. The company’s fifty day moving average price is $5.24 and its 200 day moving average price is $4.89.

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.