Rio Tinto Group (OTCMKTS:RTNTF) Short Interest Update

Rio Tinto Group (OTCMKTS:RTNTF) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,608,800 shares, an increase of 29.3% from the January 15th total of 1,244,200 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 2,298.3 days.

Rio Tinto Group Stock Performance

Rio Tinto Group stock traded up $3.44 during trading hours on Friday, reaching $78.44. 281 shares of the company’s stock were exchanged, compared to its average volume of 631. The firm’s 50 day simple moving average is $74.41 and its 200 day simple moving average is $76.29. Rio Tinto Group has a twelve month low of $70.17 and a twelve month high of $90.48.

Rio Tinto Group Company Profile

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.