Short Interest in Absa Group Limited (OTCMKTS:AGRPY) Decreases By 99.0%

Absa Group Limited (OTCMKTS:AGRPY – Get Rating) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 99.0% from the February 13th total of 10,500 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 0.5 days.

Absa Group Stock Performance

Absa Group stock opened at $20.82 on Friday. The stock has a 50-day simple moving average of $22.72 and a 200 day simple moving average of $21.85. Absa Group has a 52 week low of $17.99 and a 52 week high of $26.78.

About Absa Group

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Absa Group Ltd. engages in the provision of financial services. It operates through the following segments: Retail and Business Banking (RBB); Corporate and Investment Banking (CIB); and Head Office, Treasury, and Other Operations. The RBB segment offers retail, business banking, and insurance products in South Africa and regional operations.