Rio Tinto Group (OTCMKTS:RTNTF) Short Interest Down 20.4% in August

Rio Tinto Group (OTCMKTS:RTNTF) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 615,300 shares, a drop of 20.4% from the July 31st total of 773,200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 1,025.5 days.

Rio Tinto Group Price Performance

RTNTF stock traded down $0.93 during mid-day trading on Friday, hitting $75.60. The stock had a trading volume of 190 shares, compared to its average volume of 623. The firm has a fifty day simple moving average of $77.03 and a 200 day simple moving average of $80.98. Rio Tinto Group has a 52 week low of $69.44 and a 52 week high of $94.30.

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.