Short Interest in Rightmove plc (OTCMKTS:RTMVF) Declines By 27.0%

Rightmove plc (OTCMKTS:RTMVF) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 618,900 shares, a drop of 27.0% from the March 15th total of 848,200 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 687.7 days.

Rightmove Stock Performance

Shares of RTMVF opened at $8.90 on Friday. Rightmove has a 12 month low of $6.77 and a 12 month high of $9.48. The stock’s 50-day moving average is $8.67 and its two-hundred day moving average is $8.27.

About Rightmove

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.