Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Sees Significant Drop in Short Interest

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 104,900 shares, a drop of 19.8% from the October 31st total of 130,800 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 22.8 days.

Reckitt Benckiser Group Price Performance

OTCMKTS:RBGPF remained flat at $62.00 during trading hours on Friday. The company has a 50 day simple moving average of $61.46 and a two-hundred day simple moving average of $58.05. Reckitt Benckiser Group has a 1-year low of $50.76 and a 1-year high of $74.73.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.