Nedbank Group Limited (OTCMKTS:NDBKY) Short Interest Update

Nedbank Group Limited (OTCMKTS:NDBKY) 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

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.