Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Sees Significant Growth in Short Interest

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 4,525 shares, a growth of 125.2% from the May 14th total of 2,009 shares. Based on an average daily trading volume, of 8,453 shares, the days-to-cover ratio is presently 0.5 days.

Reckitt Benckiser Group Price Performance

Shares of RBGPF opened at $60.72 on Monday. Reckitt Benckiser Group has a 12 month low of $58.67 and a 12 month high of $90.71. The stock’s 50-day moving average price is $63.98 and its two-hundred day moving average price is $74.67.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc is a London‐based multinational consumer goods company specializing in health, hygiene and nutrition products. The company’s portfolio spans well‐known brands such as Dettol and Lysol in surface and hand hygiene, Durex in sexual wellness, Air Wick in air care, Vanish in fabric care, and Mucinex in over‐the‐counter respiratory relief. Reckitt’s products are designed to address everyday health and hygiene challenges for households and healthcare professionals alike.

Formed through the 1999 merger of UK‐based Reckitt & Colman and the Netherlands’ Benckiser NV, Reckitt has grown into a global enterprise operating in more than 190 countries.