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

Nedbank Group Limited (OTCMKTS:NDBKY) saw a significant drop in short interest during 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 daily trading volume, of 30,400 shares, the days-to-cover ratio is presently 0.2 days.

Nedbank Group Trading Down 0.7 %

Nedbank Group stock traded down $0.10 during midday trading on Monday, reaching $15.09. 10,889 shares of the stock traded hands, compared to its average volume of 13,938. The firm has a fifty day moving average price of $15.17 and a two-hundred day moving average price of $16.14. Nedbank Group has a fifty-two week low of $11.20 and a fifty-two week 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.