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

Rightmove plc (OTCMKTS:RTMVF) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 10,736,200 shares, an increase of 32.3% from the March 31st total of 8,116,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 107,362.0 days.

Rightmove Stock Performance

Shares of OTCMKTS:RTMVF remained flat at $6.99 during mid-day trading on Monday. Rightmove has a 52 week low of $5.50 and a 52 week high of $7.35. The company has a 50 day moving average price of $6.95 and a 200 day moving average price of $6.73.

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.