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

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

Reckitt Benckiser Group Stock Performance

Shares of Reckitt Benckiser Group stock traded up $0.68 on Thursday, hitting $61.68. 395 shares of the company’s stock traded hands, compared to its average volume of 1,142. The firm’s 50-day moving average price is $68.48 and its two-hundred day moving average price is $77.11. Reckitt Benckiser Group has a one year low of $60.35 and a one year 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.