Redwood Capital Bancorp (OTCMKTS:RWCB) Sees Significant Increase in Short Interest

Redwood Capital Bancorp (OTCMKTS:RWCB – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1 shares. Based on an average daily trading volume, of 696 shares, the days-to-cover ratio is currently 0.0 days.

Redwood Capital Bancorp Price Performance

Shares of OTCMKTS RWCB opened at $34.61 on Friday. The company’s 50-day moving average price is $33.67 and its 200 day moving average price is $32.69. Redwood Capital Bancorp has a 52 week low of $26.52 and a 52 week high of $34.62.

Redwood Capital Bancorp Company Profile

(Get Free Report)

Redwood Capital Bancorp is a bank holding company based in Northern California. Its primary operating subsidiary is Redwood Capital Bank, a community bank serving businesses, individuals, nonprofit organizations and public entities in the region.

Redwood Capital Bank provides traditional banking products and services, including commercial and consumer lending, real estate loans, deposit accounts, online and mobile banking, cash-management services and other treasury-management solutions.

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