Rio Tinto Group (OTCMKTS:RTNTF) Sees Large Increase in Short Interest

Rio Tinto Group (OTCMKTS:RTNTF) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,468,200 shares, an increase of 44.3% from the December 15th total of 1,017,700 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 1,334.7 days.

Rio Tinto Group Trading Down 2.6 %

Shares of OTCMKTS:RTNTF traded down $1.95 on Friday, hitting $73.00. The company had a trading volume of 129 shares, compared to its average volume of 848. The firm’s 50-day simple moving average is $74.37 and its two-hundred day simple moving average is $76.72. Rio Tinto Group has a 1 year low of $70.17 and a 1 year high of $90.48.

About Rio Tinto Group

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.