Reckitt Benckiser Group plc (OTCMKTS:RBGPF – Get Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 4,525 shares, an increase of 125.2% from the May 14th total of 2,009 shares. Based on an average daily volume of 8,453 shares, the short-interest ratio is presently 0.5 days.
Reckitt Benckiser Group Price Performance
Reckitt Benckiser Group stock opened at $60.72 on Friday. Reckitt Benckiser Group has a 1 year low of $58.67 and a 1 year high of $90.71. The business has a 50 day moving average of $63.98 and a 200-day moving average of $74.70.
About Reckitt Benckiser Group
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.
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