Short Interest in Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Drops By 61.1%

Reckitt Benckiser Group plc (OTCMKTS:RBGPFGet Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,831 shares, a decrease of 61.1% from the April 15th total of 7,281 shares. Based on an average daily volume of 3,947 shares, the days-to-cover ratio is currently 0.7 days.

Reckitt Benckiser Group Price Performance

RBGPF stock remained flat at $61.68 during trading on Friday. 506 shares of the company’s stock were exchanged, compared to its average volume of 1,127. The stock has a 50-day simple moving average of $67.98 and a 200 day simple moving average of $76.99. Reckitt Benckiser Group has a one year low of $60.35 and a one year high of $90.71.

Reckitt Benckiser Group Company Profile

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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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