RTL Group S.A. (OTCMKTS:RGLXY – Get Free Report) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 266 shares, a drop of 53.5% from the December 31st total of 572 shares. Based on an average trading volume of 130 shares, the days-to-cover ratio is currently 2.0 days. Based on an average trading volume of 130 shares, the days-to-cover ratio is currently 2.0 days.
RTL Group Stock Performance
RGLXY stock opened at $4.25 on Friday. The firm has a 50 day moving average of $3.95 and a 200-day moving average of $3.91. RTL Group has a 12 month low of $3.20 and a 12 month high of $5.27.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of RTL Group in a research report on Tuesday, October 28th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.
About RTL Group
RTL Group is a leading European entertainment network headquartered in Luxembourg, specializing in broadcasting, content production and digital streaming services. The company operates a broad portfolio of free-to-air and pay-TV channels across key European markets, including RTL in Germany, M6 in France, RTL Belgium, RTL Nederland, RTL Croatia, and RTL Hungary. It also maintains a diverse radio division, offering local radio stations in Belgium, Germany and Luxembourg, supported by an integrated advertising sales network.
In addition to its core broadcasting activities, RTL Group encompasses Fremantle, one of the world’s largest content production and distribution companies.
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