NatWest Group Sees Significant 61.6% Drop in Short Interest During January

NatWest Group PLC (OTCMKTS:RBSPF) experienced a substantial 61.6% reduction in its short interest during January, according to recent market data. The total number of shares sold short for the banking giant fell significantly to 1,849,315 as of January 30th. This decline indicates a potential shift in market sentiment or a covering of short positions. The company currently maintains a high days-to-cover ratio of 19.7 days, suggesting it would take a considerable period for short sellers to cover their positions. Notably, approximately 0.0% of NatWest's stock is presently sold short, reflecting minimal bearish bets. With a robust market capitalization of $67.69 billion, NatWest Group remains a significant player in the financial sector.