Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Sees Significant Growth in Short Interest

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 174,700 shares, a growth of 496.2% from the November 30th total of 29,300 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is presently 72.8 days.

Reckitt Benckiser Group Stock Performance

Shares of OTCMKTS RBGPF remained flat at $59.80 during trading on Thursday. 16 shares of the company’s stock were exchanged, compared to its average volume of 6,112. Reckitt Benckiser Group has a one year low of $50.76 and a one year high of $74.73. The business’s 50 day moving average is $61.21 and its 200 day moving average is $58.56.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.