RTL Group S.A. (OTCMKTS:RGLXY – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 51 shares, a drop of 59.2% from the June 15th total of 125 shares. Based on an average trading volume of 244 shares, the short-interest ratio is currently 0.2 days.
RTL Group Stock Performance
RGLXY remained flat at $3.60 during trading on Tuesday. 35 shares of the company traded hands, compared to its average volume of 1,588. RTL Group has a 1-year low of $3.23 and a 1-year high of $5.27. The stock has a 50 day moving average of $3.93 and a 200-day moving average of $4.10.
About RTL Group
RTL Group is a leading European entertainment network headquartered in Luxembourg, specializing in broadcasting, content production and digital streaming services. The company operates a broad portfolio of free-to-air and pay-TV channels across key European markets, including RTL in Germany, M6 in France, RTL Belgium, RTL Nederland, RTL Croatia, and RTL Hungary. It also maintains a diverse radio division, offering local radio stations in Belgium, Germany and Luxembourg, supported by an integrated advertising sales network.
In addition to its core broadcasting activities, RTL Group encompasses Fremantle, one of the world’s largest content production and distribution companies.
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