National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 9,975,200 shares, a drop of 42.4% from the March 31st total of 17,312,600 shares. Based on an average trading volume of 33,100 shares, the short-interest ratio is presently 301.4 days.
National Bank of Canada Stock Up 1.2 %
Shares of OTCMKTS:NTIOF traded up $1.02 during midday trading on Friday, hitting $82.24. 35,837 shares of the stock were exchanged, compared to its average volume of 37,295. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.78. National Bank of Canada has a 52-week low of $60.71 and a 52-week high of $84.81. The business’s fifty day simple moving average is $81.08 and its two-hundred day simple moving average is $74.01. The company has a market capitalization of $27.95 billion, a PE ratio of 11.38 and a beta of 1.09.
National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter. National Bank of Canada had a return on equity of 17.13% and a net margin of 13.64%. The business had revenue of $2.01 billion during the quarter.
National Bank of Canada Increases Dividend
About National Bank of Canada
National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.
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