NatWest Group PLC (OTCMKTS:RBSPF) Short Interest Up 40.8% in January

NatWest Group PLC (OTCMKTS:RBSPF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 4,818,673 shares, an increase of 40.8% from the December 31st total of 3,422,029 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 40,644 shares, the short-interest ratio is presently 118.6 days. Based on an average daily volume of 40,644 shares, the short-interest ratio is presently 118.6 days. Currently, 0.1% of the company’s shares are short sold.

NatWest Group Trading Down 0.1%

OTCMKTS RBSPF opened at $9.18 on Friday. The firm has a market capitalization of $73.54 billion, a PE ratio of 10.92 and a beta of 0.90. The business’s 50-day moving average price is $8.56 and its two-hundred day moving average price is $7.72. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.14. NatWest Group has a 12 month low of $4.89 and a 12 month high of $9.71.

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.