Rightmove plc (OTCMKTS:RTMVY) Short Interest Down 92.4% in July

Rightmove plc (OTCMKTS:RTMVY) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 7,900 shares, a drop of 92.4% from the June 30th total of 103,500 shares. Based on an average trading volume of 108,600 shares, the short-interest ratio is presently 0.1 days.

Rightmove Stock Performance

Shares of RTMVY traded down $0.20 during mid-day trading on Friday, reaching $14.40. 30,100 shares of the company’s stock traded hands, compared to its average volume of 45,852. The business’s 50-day moving average price is $14.21 and its 200-day moving average price is $14.04. Rightmove has a 12 month low of $11.24 and a 12 month high of $15.19.

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.