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

NatWest Group PLC (OTCMKTS:RBSPF) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 1,849,315 shares, a decline 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 days-to-cover ratio is presently 19.7 days. Based on an average daily trading volume, of 93,899 shares, the days-to-cover ratio is presently 19.7 days. Approximately 0.0% of the company’s stock are sold short.

NatWest Group Price Performance

Shares of OTCMKTS:RBSPF opened at $8.45 on Wednesday. NatWest Group has a 12 month low of $4.89 and a 12 month high of $9.72. The firm has a market capitalization of $67.69 billion, a P/E ratio of 10.05 and a beta of 0.90. 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 company’s fifty day moving average price is $8.70 and its 200 day moving average price is $7.84.

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.