RTB Digital, Inc. Common Stock (NASDAQ:RTB) Short Interest Update

RTB Digital, Inc. Common Stock (NASDAQ:RTB) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 212,754 shares, a growth of 81.6% from the June 15th total of 117,167 shares. Approximately 19.0% of the company’s stock are short sold. Based on an average daily volume of 412,960 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On RTB Digital, Inc. Common Stock

Large investors have recently bought and sold shares of the business. HRT Financial LP bought a new position in shares of RTB Digital, Inc. Common Stock during the fourth quarter valued at approximately $25,000. Jane Street Group LLC acquired a new stake in shares of RTB Digital, Inc. Common Stock during the 4th quarter worth approximately $28,000. Geode Capital Management LLC raised its position in shares of RTB Digital, Inc. Common Stock by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 225,905 shares of the company’s stock worth $40,000 after purchasing an additional 19,439 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in shares of RTB Digital, Inc. Common Stock by 403,087.9% in the 4th quarter. NewEdge Advisors LLC now owns 701,547 shares of the company’s stock worth $114,000 after purchasing an additional 701,373 shares during the last quarter. Institutional investors own 17.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on RTB shares. Wall Street Zen upgraded RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

RTB Digital, Inc. Common Stock Stock Performance

RTB stock traded down $0.93 during trading on Friday, hitting $16.31. 130,773 shares of the company’s stock traded hands, compared to its average volume of 225,495. The stock has a market capitalization of $20.88 million, a price-to-earnings ratio of -0.56 and a beta of 2.15. RTB Digital, Inc. Common Stock has a 52 week low of $3.25 and a 52 week high of $20.75. The stock has a fifty day moving average price of $9.39 and a two-hundred day moving average price of $7.02. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.92.

RTB Digital, Inc. Common Stock (NASDAQ:RTB) last posted its quarterly earnings results on Wednesday, April 15th. The company reported ($2.03) earnings per share (EPS) for the quarter. The firm had revenue of $2.79 million for the quarter.

About RTB Digital, Inc. Common Stock

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger. Its products include QuickCard Payment System, a physical and virtual payment card processing management system, including software that facilitates on and off ramp e-wallet management; Coyni, a digital token platform, which offers custodial assurance by utilizing its stable coin and blockchain technology in a closed-loop ecosystem; and ChargeSavvy, an end-to-end POS solution comprising software and hardware for the restaurant and hospitality industry.