Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Sees Large Decrease in Short Interest

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the target of a significant drop in short interest during 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 daily volume of 831 shares, the short-interest ratio is presently 10.0 days. Based on an average daily volume of 831 shares, the short-interest ratio is presently 10.0 days.

Reckitt Benckiser Group Price Performance

Shares of Reckitt Benckiser Group stock opened at $81.26 on Thursday. The business has a 50-day moving average price of $78.67 and a 200 day moving average price of $74.90. Reckitt Benckiser Group has a fifty-two week low of $58.11 and a fifty-two week high of $82.01.

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.