RIT Capital Partners Plc (OTCMKTS:RITPF – Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 786 shares, a drop of 37.0% from the July 15th total of 1,248 shares. Based on an average daily volume of 525 shares, the days-to-cover ratio is presently 1.5 days.
RIT Capital Partners Price Performance
Shares of RIT Capital Partners stock opened at C$36.34 on Wednesday. The firm has a fifty day moving average price of C$32.78 and a two-hundred day moving average price of C$31.18. RIT Capital Partners has a fifty-two week low of C$26.25 and a fifty-two week high of C$36.34.
Analysts Set New Price Targets
Separately, Barclays started coverage on shares of RIT Capital Partners in a report on Thursday, April 23rd. They set an “overweight” rating for the company. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, RIT Capital Partners has a consensus rating of “Buy”.
About RIT Capital Partners
RIT Capital Partners PLC is a London-listed investment trust that seeks to preserve and grow real capital over the long term through a diversified, multi-asset strategy. The trust’s portfolio combines direct holdings and external mandates across public equities, fixed income, private equity, property, commodities and hedge funds. By blending traditional and alternative investments, RIT Capital aims to deliver inflation-adjusted returns while managing risk through rigorous research and dynamic asset allocation.
Founded in 1961 as the Rothschild Investment Trust, the company has evolved into a globally oriented investment vehicle headquartered in London.
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