Short Interest in Rightmove plc (OTCMKTS:RTMVY) Decreases By 23.9%

Rightmove plc (OTCMKTS:RTMVY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 39,700 shares, a decline of 23.9% from the December 15th total of 52,200 shares. Based on an average daily volume of 146,100 shares, the days-to-cover ratio is presently 0.3 days.

Rightmove Trading Up 0.3 %

Shares of RTMVY traded up $0.05 during midday trading on Wednesday, hitting $15.48. 44,508 shares of the stock were exchanged, compared to its average volume of 42,516. Rightmove has a 52-week low of $12.58 and a 52-week high of $19.20. The stock has a fifty day simple moving average of $16.22 and a 200 day simple moving average of $15.85.

About Rightmove

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.