Short Interest in Rightmove plc (OTCMKTS:RTMVY) Decreases By 92.4%

Rightmove plc (OTCMKTS:RTMVY) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 7,900 shares, a decline of 92.4% from the June 30th total of 103,500 shares. Based on an average daily trading volume, of 108,600 shares, the days-to-cover ratio is currently 0.1 days.

Rightmove Stock Performance

Shares of OTCMKTS:RTMVY traded down $0.20 during trading on Friday, reaching $14.40. The stock had a trading volume of 30,100 shares, compared to its average volume of 45,852. The business’s 50-day moving average price is $14.21 and its 200 day moving average price is $14.04. Rightmove has a 52 week low of $11.24 and a 52 week high of $15.19.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.