RIT Capital Partners Plc (OTCMKTS:RITPF) Stock Short Interest Drops 84.7%

RIT Capital Partners Plc (OTCMKTS:RITPF) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 98 shares, a drop of 84.7% from the September 15th total of 642 shares. Based on an average daily volume of 29 shares, the days-to-cover ratio is presently 3.4 days.

RIT Capital Partners Stock Performance

Shares of OTCMKTS RITPF remained flat at C$33.00 during midday trading on Friday. The business’s 50-day simple moving average is C$35.12 and its 200-day simple moving average is C$32.42. RIT Capital Partners has a 52 week low of C$27.14 and a 52 week high of C$36.34.

About RIT Capital Partners

RIT Capital Partners plc is a London-based investment trust that manages a diversified global portfolio on behalf of its shareholders. The company’s investment objective is to preserve capital over the long term while generating attractive returns through a flexible, multi-asset approach.

Its portfolio may include publicly traded and private companies, private equity, hedge funds, fixed-income investments, real assets and other alternative investments. RIT invests across a range of industries, asset classes and geographic markets, seeking to balance growth opportunities with risk management and portfolio diversification.

The trust was established in 1961 as Rothschild Investment Trust and was later renamed RIT Capital Partners.