Nedbank Group Limited (OTCMKTS:NDBKY – Get 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
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