Rio Tinto Group (OTCMKTS:RTNTF) Short Interest Up 29.3% in January

Rio Tinto Group (OTCMKTS:RTNTF) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 1,608,800 shares, a growth of 29.3% from the January 15th total of 1,244,200 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 2,298.3 days.

Rio Tinto Group Stock Performance

Shares of Rio Tinto Group stock traded up $3.44 on Friday, reaching $78.44. 281 shares of the company were exchanged, compared to its average volume of 631. The stock’s 50 day moving average price is $74.41 and its 200-day moving average price is $76.29. Rio Tinto Group has a 1-year low of $70.17 and a 1-year high of $90.48.

About Rio Tinto Group

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.