Rightmove plc (OTCMKTS:RTMVF – Get Free Report) saw a significant drop in short interest in March. As of March 31st, there was short interest totaling 1,222,885 shares, a drop of 25.8% from the March 15th total of 1,648,043 shares. Based on an average trading volume of 192 shares, the short-interest ratio is presently 6,369.2 days.
Rightmove Price Performance
Shares of RTMVF opened at $5.78 on Wednesday. The firm has a 50 day moving average of $5.87 and a 200 day moving average of $6.98. Rightmove has a twelve month low of $5.29 and a twelve month high of $10.70.
Rightmove Company Profile
Rightmove plc operates the United Kingdom’s largest online property portal, connecting home buyers, sellers and renters with estate agents and developers through its flagship Rightmove.co.uk website and mobile applications. The company aggregates residential and commercial property listings across England, Scotland, Wales and Northern Ireland, offering search filters for price, location, property type and new-build developments. In addition to listings, Rightmove delivers data-driven insights such as the Rightmove House Price Index and performance analytics, helping industry professionals optimize their marketing strategies and generate high-quality leads.
Launched in 2000 by a consortium of leading UK estate agencies, Rightmove established itself as a market innovator in online real estate services.
Further Reading
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