Short Interest in Nedbank Group Limited (OTCMKTS:NDBKY) Increases By 118.5%

Nedbank Group Limited (OTCMKTS:NDBKYGet Free Report) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 11,800 shares, an increase of 118.5% from the February 13th total of 5,400 shares. Based on an average daily volume of 13,900 shares, the days-to-cover ratio is presently 0.8 days.

Nedbank Group Trading Up 3.2 %

Shares of NDBKY traded up $0.46 on Friday, reaching $14.87. The stock had a trading volume of 6,767 shares, compared to its average volume of 13,917. The company has a 50-day simple moving average of $15.18 and a 200-day simple moving average of $16.06. Nedbank Group has a 12-month low of $11.20 and a 12-month high of $18.13.

About Nedbank Group

(Get Free Report)

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.

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