RTL Group S.A. (OTCMKTS:RGLXY) Sees Large Growth in Short Interest

RTL Group S.A. (OTCMKTS:RGLXY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 16 shares, a growth of 300.0% from the August 15th total of 4 shares. Based on an average trading volume of 171 shares, the days-to-cover ratio is currently 0.1 days.

RTL Group Stock Performance

OTCMKTS:RGLXY opened at $3.56 on Monday. The firm’s fifty day simple moving average is $3.64 and its 200 day simple moving average is $3.92. RTL Group has a twelve month low of $3.13 and a twelve month high of $5.25.

RTL Group Company Profile

RTL Group is a leading European entertainment network headquartered in Luxembourg, specializing in broadcasting, content production and digital streaming services. The company operates a broad portfolio of free-to-air and pay-TV channels across key European markets, including RTL in Germany, M6 in France, RTL Belgium, RTL Nederland, RTL Croatia, and RTL Hungary. It also maintains a diverse radio division, offering local radio stations in Belgium, Germany and Luxembourg, supported by an integrated advertising sales network.

In addition to its core broadcasting activities, RTL Group encompasses Fremantle, one of the world’s largest content production and distribution companies.