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

Nedbank Group Limited (OTCMKTS:NDBKY) was the target of a significant increase in short interest during 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 trading volume of 13,900 shares, the short-interest ratio is currently 0.8 days.

Nedbank Group Trading Up 3.2 %

Shares of Nedbank Group stock traded up $0.46 during midday trading on Friday, hitting $14.87. The company had a trading volume of 6,767 shares, compared to its average volume of 13,917. Nedbank Group has a 1-year low of $11.20 and a 1-year high of $18.13. The business’s 50 day simple moving average is $15.18 and its two-hundred day simple moving average is $16.06.

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.