Reckitt Benckiser Group plc (OTCMKTS:RBGPF) Sees Significant Increase in Short Interest

Reckitt Benckiser Group plc (OTCMKTS:RBGPF) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 37,556 shares, a growth of 471.8% from the June 15th total of 6,568 shares. Based on an average daily volume of 3,773 shares, the days-to-cover ratio is currently 10.0 days.

Reckitt Benckiser Group Stock Performance

OTCMKTS:RBGPF traded up $0.35 during mid-day trading on Friday, hitting $67.35. 1,815 shares of the stock were exchanged, compared to its average volume of 1,827. The firm’s 50-day simple moving average is $62.96 and its 200 day simple moving average is $72.61. Reckitt Benckiser Group has a fifty-two week low of $58.67 and a fifty-two week high of $90.70.

About Reckitt Benckiser Group

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.