Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 28,100 shares, an increase of 20.6% from the March 31st total of 23,300 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 11.2 days.
Separately, Societe Generale upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Thursday, March 4th.
OTCMKTS RBGPF opened at $91.47 on Tuesday. Reckitt Benckiser Group has a 12 month low of $81.00 and a 12 month high of $104.00. The company’s fifty day moving average price is $90.37 and its two-hundred day moving average price is $88.53.
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.
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