Rumble Inc. (NASDAQ:RUMBW) Sees Large Decrease in Short Interest

Rumble Inc. (NASDAQ:RUMBW) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 2,300 shares, a drop of 23.3% from the May 31st total of 3,000 shares. Based on an average daily trading volume, of 25,200 shares, the short-interest ratio is currently 0.1 days.

Rumble Stock Performance

Shares of RUMBW traded down $0.08 on Friday, reaching $1.05. 91,947 shares of the company’s stock traded hands, compared to its average volume of 32,622. The stock’s 50 day simple moving average is $1.50 and its two-hundred day simple moving average is $1.59. Rumble has a 52-week low of $0.62 and a 52-week high of $2.69.

About Rumble

Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.