Rightmove plc (OTCMKTS:RTMVY – Get Free Report) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 29,900 shares, a drop of 80.4% from the August 15th total of 152,300 shares. Based on an average trading volume of 89,800 shares, the short-interest ratio is presently 0.3 days.
Rightmove Trading Down 0.8 %
Shares of OTCMKTS RTMVY traded down $0.14 during midday trading on Thursday, hitting $17.64. 26,678 shares of the stock traded hands, compared to its average volume of 49,794. Rightmove has a one year low of $11.24 and a one year high of $18.60. The business has a 50 day moving average price of $14.80 and a two-hundred day moving average price of $14.24.
Rightmove Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.0781 per share. The ex-dividend date is Friday, September 27th.
About Rightmove
Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.
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