RIT Capital Partners Plc (OTCMKTS:RITPF) Sees Large Increase in Short Interest

RIT Capital Partners Plc (OTCMKTS:RITPF) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,665 shares, an increase of 201.1% from the June 15th total of 553 shares. Based on an average daily trading volume, of 662 shares, the days-to-cover ratio is presently 2.5 days.

RIT Capital Partners Stock Performance

RIT Capital Partners stock remained flat at C$31.72 during mid-day trading on Monday. RIT Capital Partners has a 12-month low of C$25.50 and a 12-month high of C$31.88. The stock’s 50 day moving average is C$31.27 and its 200-day moving average is C$30.36.

Analyst Ratings Changes

Separately, Barclays initiated coverage on RIT Capital Partners in a research note on Thursday, April 23rd. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

RIT Capital Partners Company Profile

RIT Capital Partners PLC is a London-listed investment trust that seeks to preserve and grow real capital over the long term through a diversified, multi-asset strategy. The trust’s portfolio combines direct holdings and external mandates across public equities, fixed income, private equity, property, commodities and hedge funds. By blending traditional and alternative investments, RIT Capital aims to deliver inflation-adjusted returns while managing risk through rigorous research and dynamic asset allocation.

Founded in 1961 as the Rothschild Investment Trust, the company has evolved into a globally oriented investment vehicle headquartered in London.