RTL Group S.A. (OTCMKTS:RGLXY) Sees Large Drop in Short Interest

RTL Group S.A. (OTCMKTS:RGLXY) saw a significant decline in short interest in October. As of October 30th, there was short interest totaling 438 shares, a decline of 91.8% from the October 15th total of 5,360 shares. Based on an average daily trading volume, of 6,448 shares, the short-interest ratio is presently 0.1 days.

RTL Group Stock Performance

OTCMKTS RGLXY remained flat at $4.29 during midday trading on Thursday. The company’s stock had a trading volume of 1,465 shares, compared to its average volume of 2,137. The firm has a 50 day simple moving average of $3.54 and a 200-day simple moving average of $3.88. RTL Group has a 1-year low of $3.00 and a 1-year high of $5.25.

RTL Group Company Profile

RTL Group S.A. is a Luxembourg-based international media and entertainment company with operations in television, streaming, radio and content production. The company operates a portfolio of free-to-air and pay television channels, radio stations and digital platforms, and provides entertainment programming to audiences across Europe. RTL Group’s principal businesses include RTL Deutschland, RTL Nederland, RTL Belgium, RTL Hungary and RTL Croatia, as well as its investment in the French broadcaster Groupe M6.