Rumble Inc. (NASDAQ:RUMBW) Short Interest Update

Rumble Inc. (NASDAQ:RUMBW) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 3,343 shares, a drop of 38.4% from the February 26th total of 5,425 shares. Based on an average trading volume of 15,032 shares, the short-interest ratio is presently 0.2 days.

Rumble Stock Performance

Shares of Rumble stock traded down $0.04 during trading on Friday, hitting $0.99. The stock had a trading volume of 7,115 shares, compared to its average volume of 12,209. Rumble has a 1 year low of $0.90 and a 1 year high of $4.25. The stock has a 50 day simple moving average of $1.43 and a 200 day simple moving average of $1.88.

About Rumble

Rumble is a video technology company that operates a global online video platform designed to empower content creators and offer an alternative to traditional streaming services. The platform enables users to upload, host, distribute and monetize video content across a range of categories, including news, sports, politics, lifestyle and entertainment. Through an ad‐revenue sharing model and licensing agreements, Rumble provides creators with tools to generate income from their original work while retaining rights to their content.

In addition to its core video hosting service, Rumble offers enterprise‐grade solutions such as Rumble Cloud, a white-label video-streaming service for media companies and organizations seeking to deploy branded video platforms.