Short Interest in Rheinmetall AG (OTCMKTS:RNMBY) Declines By 73.4%

Rheinmetall AG (OTCMKTS:RNMBY) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 2,500 shares, a decline of 73.4% from the December 31st total of 9,400 shares. Based on an average daily trading volume, of 30,400 shares, the days-to-cover ratio is presently 0.1 days.

Rheinmetall Stock Performance

Shares of RNMBY stock traded up $0.49 during trading hours on Tuesday, hitting $152.67. 28,907 shares of the company were exchanged, compared to its average volume of 51,600. Rheinmetall has a fifty-two week low of $69.98 and a fifty-two week high of $154.83. The company has a 50 day simple moving average of $133.44 and a two-hundred day simple moving average of $119.49.

Rheinmetall (OTCMKTS:RNMBY) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.67 earnings per share for the quarter. The company had revenue of $2.70 billion for the quarter.

Rheinmetall Company Profile

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.