Rightmove plc (OTCMKTS:RTMVY) Sees Large Decrease in Short Interest

Rightmove plc (OTCMKTS:RTMVY) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 34,600 shares, a drop of 14.4% from the May 31st total of 40,400 shares. Based on an average daily trading volume, of 59,000 shares, the days-to-cover ratio is presently 0.6 days.

Rightmove Stock Down 1.0 %

Shares of RTMVY stock opened at $13.60 on Tuesday. The business’s fifty day moving average price is $13.85 and its 200 day moving average price is $14.04. Rightmove has a 1-year low of $11.24 and a 1-year high of $15.05.

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.