Short Interest in RIT Capital Partners Plc (OTCMKTS:RITPF) Increases By 672.3%

RIT Capital Partners Plc (OTCMKTS:RITPF) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,228 shares, a growth of 672.3% from the April 15th total of 159 shares. Based on an average trading volume of 9 shares, the short-interest ratio is currently 136.4 days.

Analysts Set New Price Targets

Separately, Barclays assumed coverage on RIT Capital Partners in a research note on Thursday, April 23rd. They set an “overweight” rating for the company. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, RIT Capital Partners currently has a consensus rating of “Buy”.

RIT Capital Partners Stock Performance

Shares of RITPF opened at C$31.88 on Tuesday. RIT Capital Partners has a twelve month low of C$25.50 and a twelve month high of C$31.88. The firm’s 50-day moving average is C$29.76 and its two-hundred day moving average is C$29.40.

About RIT Capital Partners

RIT Capital Partners PLC is a London-listed investment trust that seeks to preserve and grow real capital over the long term through a diversified, multi-asset strategy. The trust’s portfolio combines direct holdings and external mandates across public equities, fixed income, private equity, property, commodities and hedge funds. By blending traditional and alternative investments, RIT Capital aims to deliver inflation-adjusted returns while managing risk through rigorous research and dynamic asset allocation.

Founded in 1961 as the Rothschild Investment Trust, the company has evolved into a globally oriented investment vehicle headquartered in London.