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

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 137,533 shares, an increase of 111.0% from the September 15th total of 65,169 shares. Based on an average trading volume of 1,417 shares, the short-interest ratio is currently 97.1 days.

Reckitt Benckiser Group Price Performance

Shares of RBGPF traded up $2.46 during mid-day trading on Tuesday, hitting $69.30. 1,183 shares of the company traded hands, compared to its average volume of 1,840. The business has a 50-day moving average of $68.61 and a 200 day moving average of $66.26. Reckitt Benckiser Group has a one year low of $58.67 and a one year high of $90.70.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc, trading under the name Reckitt, is a United Kingdom-based consumer health and hygiene company. It develops, manufactures and markets products intended to support personal health, household cleanliness and everyday hygiene.

The company’s portfolio includes consumer health brands such as Nurofen, Strepsils, Gaviscon and Durex, as well as household and hygiene brands including Dettol, Lysol, Finish, Vanish and Air Wick. Its products are sold through pharmacies, supermarkets, mass retailers, e-commerce platforms and other distribution channels.

Reckitt serves consumers in markets around the world, with operations and sales across Europe, North America, Latin America, Asia-Pacific and other international regions.