RTL Group S.A. (OTCMKTS:RGLXY – Get Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 2,673 shares, an increase of ? from the April 15th total of 0 shares. Based on an average daily volume of 1,623 shares, the short-interest ratio is presently 1.6 days.
RTL Group Trading Down 20.2%
Shares of RTL Group stock opened at $3.43 on Friday. The firm’s 50-day moving average is $4.15 and its 200 day moving average is $4.04. RTL Group has a 1 year low of $3.20 and a 1 year high of $5.27.
RTL Group Company Profile
RTL Group is a leading European entertainment network headquartered in Luxembourg, specializing in broadcasting, content production and digital streaming services. The company operates a broad portfolio of free-to-air and pay-TV channels across key European markets, including RTL in Germany, M6 in France, RTL Belgium, RTL Nederland, RTL Croatia, and RTL Hungary. It also maintains a diverse radio division, offering local radio stations in Belgium, Germany and Luxembourg, supported by an integrated advertising sales network.
In addition to its core broadcasting activities, RTL Group encompasses Fremantle, one of the world’s largest content production and distribution companies.
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