National Australia Bank Ltd. (OTCMKTS:NABZY) Short Interest Up 173.9% in August

Key Points

• National Australia Bank Ltd. experienced a significant 173.9% increase in short interest in August, with totals rising from 69,700 to 190,900 shares as of August 31st.
• The short-interest ratio is currently at 0.7 days, suggesting a relatively low percentage of the company's stock, approximately 0.0%, is short sold.
• NABZY shares traded at $14.45, with a one-year high of $14.48 and a low of $9.32, indicating notable price fluctuations over the past year.

National Australia Bank Ltd. (OTCMKTS:NABZY - ) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 190,900 shares, a growth of 173.9% from the August 15th total of 69,700 shares. Based on an average daily volume of 258,700 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company's stock are short sold. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 258,700 shares, the short-interest ratio is presently 0.7 days.

National Australia Bank Trading Up 0.1%

NABZY stock traded up $0.01 during trading on Friday, reaching $14.45. The stock had a trading volume of 134,737 shares, compared to its average volume of 152,972. National Australia Bank has a one year low of $9.32 and a one year high of $14.48. The company's 50 day moving average is $13.16 and its two-hundred day moving average is $12.11.

National Australia Bank Company Profile

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. The company operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.