Short Interest in Rumble Inc. (NASDAQ:RUMBW) Drops By 23.3%

Rumble Inc. (NASDAQ:RUMBW) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 2,300 shares, a decline of 23.3% from the May 31st total of 3,000 shares. Based on an average trading volume of 25,200 shares, the days-to-cover ratio is presently 0.1 days.

Rumble Stock Down 7.4 %

Shares of NASDAQ RUMBW traded down $0.08 during midday trading on Friday, reaching $1.05. 91,947 shares of the stock traded hands, compared to its average volume of 32,622. The company’s 50 day moving average is $1.50 and its 200 day moving average is $1.59. Rumble has a one year low of $0.62 and a one year high of $2.69.

About Rumble

Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.