Rumble Inc. (NASDAQ:RUMBW – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,270 shares, a drop of 78.6% from the September 15th total of 5,925 shares. Based on an average trading volume of 10,674 shares, the short-interest ratio is presently 0.1 days.
Rumble Trading Down 0.4%
NASDAQ:RUMBW traded down $0.01 during midday trading on Tuesday, reaching $1.57. The company had a trading volume of 10,914 shares, compared to its average volume of 16,968. The stock’s fifty day simple moving average is $1.89 and its 200-day simple moving average is $1.76. Rumble has a 12-month low of $0.76 and a 12-month high of $2.98.
Rumble Company Profile
Rumble Inc operates a video-sharing platform focused on user-generated content, livestreaming and online video distribution. The company provides a venue for creators, commentators, publishers and other users to upload, host and share video content with audiences through its website and mobile applications.
Rumble also offers advertising and content-monetization services, allowing eligible creators and publishers to generate revenue from their work. Through Rumble Cloud, the company provides technology and infrastructure services intended to support video hosting, storage, streaming and related online operations.
Founded in 2013 by Chris Pavlovski, Rumble serves users and content providers internationally.
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