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

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 37,556 shares, an increase of 471.8% from the June 15th total of 6,568 shares. Based on an average trading volume of 3,773 shares, the days-to-cover ratio is presently 10.0 days.

Reckitt Benckiser Group Trading Up 0.5%

RBGPF traded up $0.35 on Friday, hitting $67.35. 1,815 shares of the stock were exchanged, compared to its average volume of 1,827. Reckitt Benckiser Group has a 12 month low of $58.67 and a 12 month high of $90.70. The business has a 50-day moving average of $62.96 and a two-hundred day moving average of $72.61.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc is a London?based multinational consumer goods company specializing in health, hygiene and nutrition products. The company’s portfolio spans well?known brands such as Dettol and Lysol in surface and hand hygiene, Durex in sexual wellness, Air Wick in air care, Vanish in fabric care, and Mucinex in over?the?counter respiratory relief. Reckitt’s products are designed to address everyday health and hygiene challenges for households and healthcare professionals alike.

Formed through the 1999 merger of UK?based Reckitt & Colman and the Netherlands’ Benckiser NV, Reckitt has grown into a global enterprise operating in more than 190 countries.