Short Interest in Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Declines By 61.1%

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,831 shares, a drop of 61.1% from the April 15th total of 7,281 shares. Based on an average daily trading volume, of 3,947 shares, the days-to-cover ratio is presently 0.7 days.

Reckitt Benckiser Group Stock Performance

Shares of Reckitt Benckiser Group stock traded up $0.68 during trading on Thursday, reaching $61.68. The stock had a trading volume of 395 shares, compared to its average volume of 1,142. The stock has a fifty day moving average price of $68.48 and a two-hundred day moving average price of $77.11. Reckitt Benckiser Group has a 52 week low of $60.35 and a 52 week high of $90.71.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc is a London?based multinational consumer goods company specializing in health, hygiene and nutrition products. The company’s portfolio spans well?known brands such as Dettol and Lysol in surface and hand hygiene, Durex in sexual wellness, Air Wick in air care, Vanish in fabric care, and Mucinex in over?the?counter respiratory relief. Reckitt’s products are designed to address everyday health and hygiene challenges for households and healthcare professionals alike.

Formed through the 1999 merger of UK?based Reckitt & Colman and the Netherlands’ Benckiser NV, Reckitt has grown into a global enterprise operating in more than 190 countries.