Nedbank Group Limited (OTCMKTS:NDBKY) Short Interest Update

Nedbank Group Limited (OTCMKTS:NDBKYGet Free Report) was the target of 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 trading volume, of 13,900 shares, the days-to-cover ratio is currently 0.8 days.

Nedbank Group Stock Up 3.2 %

NDBKY stock opened at $14.87 on Friday. The stock’s 50 day simple moving average is $15.18 and its 200 day simple moving average is $16.05. Nedbank Group has a fifty-two week low of $11.20 and a fifty-two week 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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