Short Interest in NatWest Group PLC (OTCMKTS:RBSPF) Decreases By 61.6%

NatWest Group PLC (OTCMKTS:RBSPF) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,849,315 shares, a drop of 61.6% from the January 15th total of 4,818,673 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 93,899 shares, the short-interest ratio is presently 19.7 days. Based on an average daily trading volume, of 93,899 shares, the short-interest ratio is presently 19.7 days. Approximately 0.0% of the company’s stock are sold short.

NatWest Group Stock Down 0.8%

Shares of OTCMKTS:RBSPF opened at $8.38 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.04 and a current ratio of 1.04. NatWest Group has a 52-week low of $4.89 and a 52-week high of $9.72. The business’s 50 day simple moving average is $8.70 and its two-hundred day simple moving average is $7.85. The firm has a market cap of $67.17 billion, a P/E ratio of 9.98 and a beta of 0.90.

NatWest Group Company Profile

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.