Rightmove plc (OTCMKTS:RTMVF) Sees Large Growth in Short Interest

Rightmove plc (OTCMKTS:RTMVF) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 10,736,200 shares, a growth of 32.3% from the March 31st total of 8,116,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 107,362.0 days.

Rightmove Stock Performance

Shares of OTCMKTS:RTMVF remained flat at $6.99 during trading hours on Monday. Rightmove has a 52 week low of $5.50 and a 52 week high of $7.35. The firm’s fifty day moving average price is $6.95 and its two-hundred day moving average price is $6.73.

About Rightmove

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.