Short Interest in Rheinmetall AG (OTCMKTS:RNMBY) Decreases By 73.4%

Rheinmetall AG (OTCMKTS:RNMBY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 2,500 shares, a decline of 73.4% from the December 31st total of 9,400 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.1 days.

Rheinmetall Stock Performance

Shares of RNMBY traded up $0.49 during mid-day trading on Tuesday, hitting $152.67. The stock had a trading volume of 28,907 shares, compared to its average volume of 51,600. Rheinmetall has a 52 week low of $69.98 and a 52 week high of $154.83. The business has a fifty day moving average price of $133.44 and a 200-day moving average price of $119.49.

Rheinmetall (OTCMKTS:RNMBY) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.67 earnings per share (EPS) for the quarter. The business had revenue of $2.70 billion during the quarter.

Rheinmetall Company Profile

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.