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

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 174,700 shares, a growth of 496.2% from the November 30th total of 29,300 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 72.8 days.

Reckitt Benckiser Group Price Performance

Reckitt Benckiser Group stock remained flat at $59.80 during midday trading on Thursday. 16 shares of the company traded hands, compared to its average volume of 6,112. Reckitt Benckiser Group has a twelve month low of $50.76 and a twelve month high of $74.73. The firm has a 50 day moving average price of $61.21 and a two-hundred day moving average price of $58.56.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.