Rightmove plc (OTCMKTS:RTMVY) Short Interest Update

Rightmove plc (OTCMKTS:RTMVY) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 52,900 shares, an increase of 76.9% from the August 31st total of 29,900 shares. Based on an average trading volume of 79,300 shares, the days-to-cover ratio is presently 0.7 days.

Rightmove Stock Up 0.5 %

Shares of OTCMKTS:RTMVY traded up $0.09 during midday trading on Friday, reaching $18.24. The company had a trading volume of 413,080 shares, compared to its average volume of 50,832. The stock’s fifty day moving average price is $15.68 and its 200-day moving average price is $14.54. Rightmove has a one year low of $11.24 and a one year high of $19.20.

Rightmove Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Friday, September 27th will be given a $0.0781 dividend. The ex-dividend date is Friday, September 27th.

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.