Short Interest in RIT Capital Partners Plc (OTCMKTS:RITPF) Declines By 38.4%

RIT Capital Partners Plc (OTCMKTS:RITPF) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 1,195 shares, a decline of 38.4% from the May 14th total of 1,939 shares. Based on an average daily trading volume, of 6 shares, the short-interest ratio is currently 199.2 days.

RIT Capital Partners Price Performance

Shares of RIT Capital Partners stock remained flat at C$31.50 on Tuesday. The stock has a 50-day moving average price of C$30.54 and a 200 day moving average price of C$30.00. RIT Capital Partners has a one year low of C$25.50 and a one year high of C$31.88.

Wall Street Analyst Weigh In

Separately, Barclays initiated coverage on RIT Capital Partners in a research note on Thursday, April 23rd. They issued an “overweight” rating for the company. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, RIT Capital Partners currently has a consensus rating of “Buy”.

About RIT Capital Partners

RIT Capital Partners PLC is a London-listed investment trust that seeks to preserve and grow real capital over the long term through a diversified, multi-asset strategy. The trust’s portfolio combines direct holdings and external mandates across public equities, fixed income, private equity, property, commodities and hedge funds. By blending traditional and alternative investments, RIT Capital aims to deliver inflation-adjusted returns while managing risk through rigorous research and dynamic asset allocation.

Founded in 1961 as the Rothschild Investment Trust, the company has evolved into a globally oriented investment vehicle headquartered in London.