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

RTL Group S.A. (OTCMKTS:RGLXY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 266 shares, a drop of 53.5% from the December 31st total of 572 shares. Based on an average trading volume of 130 shares, the short-interest ratio is currently 2.0 days. Based on an average trading volume of 130 shares, the short-interest ratio is currently 2.0 days.

RTL Group Price Performance

RTL Group stock opened at $4.25 on Friday. RTL Group has a fifty-two week low of $3.20 and a fifty-two week high of $5.27. The stock has a 50-day simple moving average of $3.93 and a 200-day simple moving average of $3.91.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of RTL Group in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

About RTL Group

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.