Rightmove plc (OTCMKTS:RTMVF) Sees Large Decrease in Short Interest

Rightmove plc (OTCMKTS:RTMVF) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 618,900 shares, a decline of 27.0% from the March 15th total of 848,200 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 687.7 days.

Rightmove Price Performance

Shares of RTMVF remained flat at $8.90 during midday trading on Friday. Rightmove has a fifty-two week low of $6.77 and a fifty-two week high of $9.48. The firm’s 50-day moving average price is $8.67 and its 200-day moving average price is $8.27.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.