NatWest Group PLC (OTCMKTS:RBSPF) Short Interest Update

NatWest Group PLC (OTCMKTS:RBSPF) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,370,458 shares, an increase of 93.0% from the July 30th total of 710,252 shares. Based on an average trading volume of 251,497 shares, the short-interest ratio is presently 5.4 days. Approximately 0.0% of the company’s shares are short sold.

NatWest Group Price Performance

Shares of OTCMKTS RBSPF opened at $9.11 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.03 and a debt-to-equity ratio of 0.15. NatWest Group has a fifty-two week low of $6.71 and a fifty-two week high of $9.80. The business has a 50 day moving average price of $9.10 and a two-hundred day moving average price of $8.34. The firm has a market cap of $72.98 billion, a PE ratio of 9.11 and a beta of 0.96.

NatWest Group (OTCMKTS:RBSPF) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The business had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.83 billion. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

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.