RTL Group S.A. (OTCMKTS:RGLXY – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 5,360 shares. Based on an average daily trading volume, of 2,589 shares, the days-to-cover ratio is currently 2.1 days.
RTL Group Stock Performance
RGLXY opened at $3.35 on Friday. The company’s 50-day simple moving average is $3.46 and its two-hundred day simple moving average is $3.88. RTL Group has a 52-week low of $3.00 and a 52-week high of $5.25.
About RTL Group
RTL Group SA is a Luxembourg-based international media and entertainment company majority-owned by Bertelsmann SE & Co KGaA. The group operates television and radio businesses, produces and distributes entertainment content, and provides advertising sales services across several European markets.
Its activities include free-to-air television channels, radio stations, streaming platforms, and digital video services. RTL Group’s principal businesses include RTL Deutschland in Germany, Groupe M6 in France, RTL Nederland, RTL Hungary, RTL Hrvatska, and RTL Luxembourg, along with Fremantle, its international content production and distribution business.
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