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

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totalling 18,000 shares, a decline of 64.9% from the April 15th total of 51,300 shares. Based on an average daily volume of 12,200 shares, the days-to-cover ratio is currently 1.5 days.

Reckitt Benckiser Group Stock Performance

Shares of OTCMKTS:RBGPF traded up $2.41 during trading on Friday, reaching $58.66. 1,858 shares of the company traded hands, compared to its average volume of 5,591. The company’s 50 day moving average is $56.76 and its two-hundred day moving average is $65.14. Reckitt Benckiser Group has a 52 week low of $50.76 and a 52 week high of $82.83.

Reckitt Benckiser Group Company Profile

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.