Rumble Inc. (NASDAQ:RUMBW – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,270 shares, a drop of 78.6% from the September 15th total of 5,925 shares. Based on an average daily volume of 10,674 shares, the days-to-cover ratio is currently 0.1 days.
Rumble Stock Up 3.8%
NASDAQ RUMBW traded up $0.06 during trading hours on Monday, reaching $1.63. The company’s stock had a trading volume of 10,897 shares, compared to its average volume of 16,968. The firm has a fifty day simple moving average of $1.89 and a 200-day simple moving average of $1.76. Rumble has a 52 week low of $0.76 and a 52 week high of $2.98.
Rumble Company Profile
Rumble Inc operates a video-sharing platform focused on user-generated content, livestreaming and online video distribution. The company provides a venue for creators, commentators, publishers and other users to upload, host and share video content with audiences through its website and mobile applications.
Rumble also offers advertising and content-monetization services, allowing eligible creators and publishers to generate revenue from their work. Through Rumble Cloud, the company provides technology and infrastructure services intended to support video hosting, storage, streaming and related online operations.
Founded in 2013 by Chris Pavlovski, Rumble serves users and content providers internationally.
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