RTL Group S.A. (OTCMKTS:RGLXY) Shares Shorted: Short Interest Up 2,425.0% in September

RTL Group S.A. (OTCMKTS:RGLXY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 404 shares, a growth of 2,425.0% from the August 31st total of 16 shares. Based on an average daily volume of 1,783 shares, the days-to-cover ratio is currently 0.2 days.

RTL Group Price Performance

RGLXY opened at $3.71 on Friday. RTL Group has a 1 year low of $3.13 and a 1 year high of $5.25. The firm has a 50 day moving average price of $3.62 and a 200 day moving average price of $3.86.

RTL Group Company Profile

RTL Group SA is a Luxembourg-based international media and entertainment company and a subsidiary of Bertelsmann. The group operates television networks, radio stations, streaming services and content-production businesses across Europe and other markets.

Its activities include free-to-air and pay television, digital video and streaming, radio broadcasting, and the development and distribution of scripted and unscripted programming. RTL Group’s portfolio includes brands such as RTL, RTL+, VOX and ntv, while its production and content division, Fremantle, produces television formats, series, films and documentaries for broadcasters and streaming platforms worldwide.

RTL Group has operations and investments in countries including Germany, France, the Netherlands, Belgium, Hungary and Luxembourg, with Fremantle extending its production and distribution activities internationally.