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

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 55,521 shares, an increase of 51.2% from the July 30th total of 36,709 shares. Based on an average trading volume of 2,297 shares, the short-interest ratio is presently 24.2 days.

Reckitt Benckiser Group Trading Down 3.2%

Shares of OTCMKTS RBGPF opened at $68.50 on Tuesday. Reckitt Benckiser Group has a 1 year low of $58.67 and a 1 year high of $90.70. The company’s 50-day moving average is $68.15 and its 200 day moving average is $69.06.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc is a London‐based multinational consumer goods company specializing in health, hygiene and nutrition products. The company’s portfolio spans well‐known brands such as Dettol and Lysol in surface and hand hygiene, Durex in sexual wellness, Air Wick in air care, Vanish in fabric care, and Mucinex in over‐the‐counter respiratory relief. Reckitt’s products are designed to address everyday health and hygiene challenges for households and healthcare professionals alike.

Formed through the 1999 merger of UK‐based Reckitt & Colman and the Netherlands’ Benckiser NV, Reckitt has grown into a global enterprise operating in more than 190 countries.