NatWest Group PLC (OTCMKTS:RBSPF) Sees Significant Increase in Short Interest

NatWest Group PLC (OTCMKTS:RBSPF) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,098,895 shares, an increase of 147.4% from the November 30th total of 1,252,365 shares. Based on an average daily trading volume, of 44,758 shares, the short-interest ratio is currently 69.2 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 44,758 shares, the short-interest ratio is currently 69.2 days.

NatWest Group Trading Up 3.1%

RBSPF traded up $0.27 during trading hours on Friday, reaching $8.87. The company’s stock had a trading volume of 12,789 shares, compared to its average volume of 17,754. NatWest Group has a fifty-two week low of $4.15 and a fifty-two week high of $9.16. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market cap of $71.09 billion, a PE ratio of 10.56 and a beta of 0.91. The business’s 50-day moving average is $7.97 and its 200-day moving average is $7.35.

NatWest Group (OTCMKTS:RBSPF) last released its quarterly earnings results on Friday, October 24th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). NatWest Group had a return on equity of 12.77% and a net margin of 18.18%.The business had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.63 billion.

About NatWest Group

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.