Reckitt Benckiser Group plc (OTCMKTS:RBGLY – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 212,500 shares, an increase of 1,560.2% from the August 15th total of 12,800 shares. Based on an average daily volume of 735,300 shares, the days-to-cover ratio is currently 0.3 days.
Reckitt Benckiser Group Price Performance
RBGLY stock traded up $0.07 during midday trading on Friday, hitting $12.15. 180,762 shares of the company’s stock were exchanged, compared to its average volume of 893,771. The business has a 50-day simple moving average of $11.27 and a two-hundred day simple moving average of $11.38. Reckitt Benckiser Group has a 1-year low of $10.24 and a 1-year high of $15.03.
Reckitt Benckiser Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, September 23rd. Shareholders of record on Monday, August 5th will be paid a dividend of $0.1915 per share. The ex-dividend date is Monday, August 5th.
Analyst Ratings Changes
View Our Latest Research Report on Reckitt Benckiser Group
About Reckitt Benckiser Group
Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.
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