Nedbank Group Limited (OTCMKTS:NDBKY) Short Interest Update

Nedbank Group Limited (OTCMKTS:NDBKY) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 5,400 shares, a decline of 34.1% from the January 31st total of 8,200 shares. Based on an average trading volume of 30,400 shares, the days-to-cover ratio is presently 0.2 days.

Nedbank Group Price Performance

Shares of NDBKY stock opened at $15.09 on Friday. The company’s fifty day simple moving average is $15.17 and its two-hundred day simple moving average is $16.14. Nedbank Group has a 1 year low of $11.20 and a 1 year high of $18.13.

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.