Short Interest in Rightmove plc (OTCMKTS:RTMVY) Drops By 78.0%

Rightmove plc (OTCMKTS:RTMVY) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 4,100 shares, a drop of 78.0% from the January 31st total of 18,600 shares. Based on an average daily volume of 62,800 shares, the days-to-cover ratio is presently 0.1 days.

Rightmove Trading Up 4.4 %

OTCMKTS:RTMVY traded up $0.70 during mid-day trading on Friday, hitting $16.73. The company had a trading volume of 33,640 shares, compared to its average volume of 49,752. The business has a fifty day simple moving average of $16.36 and a 200-day simple moving average of $16.34. Rightmove has a 1 year low of $12.58 and a 1 year high of $19.20.

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.