Short Interest in Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Drops By 87.1%

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 8,274 shares, a drop of 87.1% from the November 30th total of 64,197 shares. Based on an average trading volume of 831 shares, the short-interest ratio is presently 10.0 days. Based on an average trading volume of 831 shares, the short-interest ratio is presently 10.0 days.

Reckitt Benckiser Group Trading Down 0.7%

Reckitt Benckiser Group stock traded down $0.55 during midday trading on Friday, reaching $80.71. 149 shares of the stock traded hands, compared to its average volume of 2,518. The firm has a fifty day moving average price of $78.71 and a two-hundred day moving average price of $74.94. Reckitt Benckiser Group has a fifty-two week low of $58.11 and a fifty-two week high of $82.01.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc is a London‐based multinational consumer goods company specializing in health, hygiene and nutrition products. The company’s portfolio spans well‐known brands such as Dettol and Lysol in surface and hand hygiene, Durex in sexual wellness, Air Wick in air care, Vanish in fabric care, and Mucinex in over‐the‐counter respiratory relief. Reckitt’s products are designed to address everyday health and hygiene challenges for households and healthcare professionals alike.

Formed through the 1999 merger of UK‐based Reckitt & Colman and the Netherlands’ Benckiser NV, Reckitt has grown into a global enterprise operating in more than 190 countries.