Rio Tinto Group (OTCMKTS:RTNTF) Sees Large Drop in Short Interest

Rio Tinto Group (OTCMKTS:RTNTF) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,532,100 shares, a decrease of 15.4% from the March 15th total of 1,810,900 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 1,915.1 days.

Rio Tinto Group Price Performance

Rio Tinto Group stock opened at $73.00 on Monday. Rio Tinto Group has a 1-year low of $60.79 and a 1-year high of $90.48. The company’s 50-day moving average is $72.89 and its 200 day moving average is $74.94.

Rio Tinto Group Company Profile

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.