Short Interest in Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Declines By 38.9%

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 50,700 shares, a drop of 38.9% from the January 15th total of 83,000 shares. Based on an average daily volume of 4,100 shares, the short-interest ratio is currently 12.4 days.

Reckitt Benckiser Group Price Performance

Reckitt Benckiser Group stock opened at $64.01 on Thursday. The business’s fifty day moving average is $61.64 and its two-hundred day moving average is $60.12. Reckitt Benckiser Group has a 52 week low of $50.76 and a 52 week high of $74.73.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.