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Short Interest in National Australia Bank Ltd. (OTCMKTS:NABZY) Drops By 33.4%

National Australia Bank logo with Finance background

Key Points

  • National Australia Bank Ltd. (NABZY) experienced a significant drop in short interest, falling 33.4% from July to August, totaling 69,700 shares as of August 15th.
  • The company's stock price increased by $0.06 to reach $14.16, with a trading volume of 188,155 shares on the last trading day reported.
  • National Australia Bank operates in various banking sectors, providing services to both individuals and businesses across Australia, New Zealand, and internationally.
  • MarketBeat previews top five stocks to own in October.

National Australia Bank Ltd. (OTCMKTS:NABZY - Get Free Report) saw a large drop in short interest in the month of August. As of August 15th, there was short interest totaling 69,700 shares, adropof33.4% from the July 31st total of 104,600 shares. Based on an average daily volume of 264,600 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 264,600 shares, the days-to-cover ratio is presently 0.3 days.

National Australia Bank Price Performance

OTCMKTS:NABZY traded up $0.06 on Friday, reaching $14.16. 188,155 shares of the company's stock traded hands, compared to its average volume of 149,376. The stock has a 50-day simple moving average of $13.02 and a 200-day simple moving average of $12.01. National Australia Bank has a 12 month low of $9.32 and a 12 month high of $14.45.

National Australia Bank Company Profile

(Get Free Report)

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.

Further Reading

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