NatWest Group PLC (OTCMKTS:RBSPF) Short Interest Down 93.1% in August

Key Points

• NatWest Group experienced a dramatic decline in short interest, dropping by 93.1% in August, from 3,748,700 shares to 256,900 shares.
• The company's stock is currently trading at $6.95, down 1.1%, with a market capitalization of $56.20 billion.
• NatWest reported quarterly earnings of $0.20 EPS, surpassing estimates, and had a revenue of $5.50 billion for the quarter.

NatWest Group PLC (OTCMKTS:RBSPF - Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 15th, there was short interest totaling 256,900 shares, adeclineof93.1% from the July 31st total of 3,748,700 shares. Based on an average daily trading volume, of 22,300 shares, the days-to-cover ratio is presently 11.5 days. Based on an average daily trading volume, of 22,300 shares, the days-to-cover ratio is presently 11.5 days.

NatWest Group Stock Down 1.1%

Shares of OTCMKTS RBSPF traded down $0.08 during midday trading on Tuesday, hitting $6.95. 10,041 shares of the stock traded hands, compared to its average volume of 17,244. The company has a market cap of $56.20 billion, a PE ratio of 9.14 and a beta of 0.94. NatWest Group has a one year low of $3.97 and a one year high of $7.96. The business has a 50 day moving average price of $7.00 and a two-hundred day moving average price of $6.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.05 and a current ratio of 1.05.

NatWest Group (OTCMKTS:RBSPF - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. The firm had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $4.06 billion. NatWest Group had a return on equity of 11.99% and a net margin of 16.84%.

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.

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