Rheinmetall AG (OTCMKTS:RNMBY) Short Interest Down 98.8% in June

Rheinmetall AG (OTCMKTS:RNMBY) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 200 shares, a decline of 98.8% from the May 31st total of 16,300 shares. Based on an average trading volume of 47,000 shares, the days-to-cover ratio is presently 0.0 days.

Rheinmetall Stock Down 2.8 %

Shares of OTCMKTS RNMBY traded down $2.95 during midday trading on Thursday, reaching $101.80. 31,912 shares of the company’s stock were exchanged, compared to its average volume of 23,047. Rheinmetall has a 52-week low of $48.50 and a 52-week high of $121.85. The business’s fifty day moving average price is $111.49 and its two-hundred day moving average price is $93.89.

Rheinmetall Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 3rd. Investors of record on Thursday, May 16th were issued a $0.8434 dividend. This is a positive change from Rheinmetall’s previous dividend of $0.64. The ex-dividend date of this dividend was Wednesday, May 15th. Rheinmetall’s payout ratio is currently 400.01%.

About Rheinmetall

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.