Rumble Inc. (NASDAQ:RUMBW) Short Interest Up 33.5% in March

Rumble Inc. (NASDAQ:RUMBW) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 4,464 shares, a growth of 33.5% from the March 15th total of 3,343 shares. Based on an average daily trading volume, of 12,028 shares, the short-interest ratio is currently 0.4 days.

Rumble Price Performance

Rumble stock traded up $0.02 during trading on Wednesday, reaching $1.01. The company had a trading volume of 29,170 shares, compared to its average volume of 12,350. The firm’s 50-day simple moving average is $1.26 and its 200 day simple moving average is $1.77. Rumble has a 1-year low of $0.76 and a 1-year high of $4.25.

About Rumble

Rumble is a video technology company that operates a global online video platform designed to empower content creators and offer an alternative to traditional streaming services. The platform enables users to upload, host, distribute and monetize video content across a range of categories, including news, sports, politics, lifestyle and entertainment. Through an ad?revenue sharing model and licensing agreements, Rumble provides creators with tools to generate income from their original work while retaining rights to their content.

In addition to its core video hosting service, Rumble offers enterprise?grade solutions such as Rumble Cloud, a white-label video-streaming service for media companies and organizations seeking to deploy branded video platforms.