Rightmove plc (OTCMKTS:RTMVY – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 52,900 shares, a growth of 76.9% from the August 31st total of 29,900 shares. Based on an average daily trading volume, of 79,300 shares, the short-interest ratio is currently 0.7 days.
Rightmove Stock Performance
Shares of RTMVY traded up $0.09 during midday trading on Friday, hitting $18.24. 413,080 shares of the stock traded hands, compared to its average volume of 50,832. The business’s 50 day moving average price is $15.68 and its two-hundred day moving average price is $14.54. Rightmove has a 1-year low of $11.24 and a 1-year high of $19.20.
Rightmove Cuts Dividend
The company also recently announced a dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Friday, September 27th will be given a $0.0781 dividend. The ex-dividend date is Friday, September 27th.
Rightmove Company Profile
Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.
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