NatWest Group PLC (OTCMKTS:RBSPF) Short Interest Update

NatWest Group PLC (OTCMKTS:RBSPF) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 523,461 shares, a decrease of 40.4% from the August 31st total of 878,647 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 19,931 shares, the short-interest ratio is currently 26.3 days.

NatWest Group Stock Performance

Shares of RBSPF stock opened at $9.16 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The stock has a 50 day simple moving average of $9.25 and a 200-day simple moving average of $8.49. The company has a market cap of $73.46 billion, a price-to-earnings ratio of 9.16 and a beta of 0.95. NatWest Group has a 12-month low of $6.75 and a 12-month high of $9.80.

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

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upgraded shares of 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 company has a consensus rating of “Buy”.

NatWest Group Company Profile

NatWest Group plc is a United Kingdom-based banking and financial services company headquartered in Edinburgh, Scotland. The group provides banking, lending, savings, payments and investment-related services to individuals, families, businesses and institutional customers.

Its principal brands include NatWest, Royal Bank of Scotland and Ulster Bank. Personal banking services include current accounts, mortgages, personal loans, credit cards, savings products and digital banking. The group also provides private banking and wealth management services, along with financing, cash management, risk management and other banking solutions for small and medium-sized businesses, larger companies and institutional clients.

The company traces its history to several long-established UK banking institutions and operated as The Royal Bank of Scotland Group before adopting the NatWest Group name in 2020.